Guangdong carbon market closes higher

NAMPA / Xinhua
2024-12-26
GUANGZHOU, Dec. 26 (Xinhua) -- Carbon emissions allowances closed at 40.57 yuan (5.64 U.S. dollars) per tonne on Thursday, 5.05 percent up from Wednesday at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 51,463 tonnes of allowances were transacted on Thursday with a turnover of 2,087,845.8 yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps as......
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