Guangdong carbon market closes higher

NAMPA / Xinhua

2024-12-23

GUANGZHOU, Dec. 23 (Xinhua) -- Carbon emissions allowances closed at 38.05 yuan (5.21 U.S. dollars) per tonne on Monday, 2.84 percent up from Friday at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 813 tonnes of allowances were transacted on Monday with a turnover of 30,936.41 yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps assigned to co......

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