Hubei CO2 auction clears below market as a quarter of units go unsold

Published 13:08 on November 27, 2019  /  Last updated at 23:51 on November 27, 2019  /  China, China's Pilot Markets  /  No Comments

China’s Hubei province on Wednesday sold three quarters of the 2 million CO2 allowances on offer to ETS participants at an average price 2% below secondary market prices, pushing just over half a million permits on to Friday’s more open sale.

China’s Hubei province on Wednesday sold three quarters of the 2 million CO2 allowances on offer to ETS participants at an average price 2% below secondary market prices, pushing just over half a million permits on to Friday’s more open sale.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment