Guangdong carbon market closes higher

NAMPA / Xinhua
2024-11-15
GUANGZHOU, Nov. 15 (Xinhua) -- Carbon emissions allowances closed at 41.5 yuan (5.74 U.S. dollars) per tonne on Friday, 2.04 percent up from Thursday, at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 160 tonnes of allowances were transacted on Friday with a turnover of 6,640.13 yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps assigned to c......
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