Asia Pacific > South Korea sells less than 1% of CO2 allowances on offer at KAU auction

South Korea sells less than 1% of CO2 allowances on offer at KAU auction

Published 09:16 on June 25, 2021  /  Last updated at 09:17 on June 25, 2021  / Stian Reklev /  Asia Pacific, South Korea

South Korea offered almost 5.6 million KAUs at its last permit auction before next week’s 2020 compliance deadline, but sold fewer than 1% of the units as the market is heavily oversupplied.
South Korea offered almost 5.6 million KAUs at its last permit auction before next week’s 2020 compliance deadline, but sold fewer than 1% of the units as the market is heavily oversupplied.


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