Shanghai sells less than a sixth of CO2 permits on offer in auction

Published 12:14 on July 31, 2018  /  Last updated at 02:19 on August 1, 2018  /  China, China's Pilot Markets  /  No Comments

Emitters in Shanghai’s carbon market on Tuesday bought fewer than a sixth of the 2 million allowances on sale in 2018’s only auction in the regional scheme, with the permits clearing at the government-set price floor.

Emitters in Shanghai’s carbon market on Tuesday bought fewer than a sixth of the 2 million allowances on sale in 2018’s only auction in the regional scheme, with the permits clearing at the government-set price floor.

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