Guangdong offset auction clears at 37% premium

Published 09:36 on June 8, 2018  /  Last updated at 16:26 on June 8, 2018  / /  Asia Pacific, China

Over 300,000 local forest carbon offsets were sold in an auction on the China Emissions Exchange in Guangzhou Thursday at 37% above the price floor, but marginally below the daily secondary-market closing price for allowances.
Over 300,000 local forest carbon offsets were sold in an auction on the China Emissions Exchange in Guangzhou Thursday at 37% above the price floor, but marginally below the daily secondary-market closing price for allowances.


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, log in here.