Guangdong carbon market closes lower

NAMPA / Xinhua

2024-11-25

GUANGZHOU, Nov. 25 (Xinhua) -- Carbon emissions allowances closed at 39.99 yuan (5.56 U.S. dollars) per tonne on Monday, 8.89 percent down from Friday at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 53,450 tonnes of allowances were transacted on Monday with a turnover of about 2.14 million yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps......

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