Guangdong carbon market closes lower

NAMPA / Xinhua
2024-11-27
GUANGZHOU, Nov. 27 (Xinhua) -- Carbon emissions allowances closed at 39.61 yuan (about 5.5 U.S. dollars) per tonne on Wednesday, 9.85 percent down from Tuesday at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 445 tonnes of allowances were transacted on Wednesday with a turnover of 17,624.75 yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps......
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