World-first CO2 removal auction fetches average price higher than EU ETS

Published 11:41 on May 24, 2019  /  Last updated at 09:45 on May 28, 2019  /  EMEA, International, New Market Mechanisms, Voluntary Market  /  No Comments

GHG removal credits were sold for an average €26.92 on Friday on a platform led by Finnish utility Fortum, the first of three pioneering auctions designed to test the trade in the voluntary carbon market.

GHG removal credits were sold for an average €26.92 on Friday on a platform led by Finnish utility Fortum, the first of three pioneering auctions designed to test the trade in the voluntary carbon market.

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