Compliance entities bought over 1.3 million allowances in the last auction before compliance deadline.
The plan is to expand the Guangdong carbon market to cover Guangxi, Yunnan, Guizhou and Hainan as they are also serviced by the China Southern Power Grid.
ChinaCarbon.net, 17 June 2014: The China Emissions Exchange will hold the fifth auction of emission allowances under the Guangdong pilot emissions trading scheme on 25 June 2014, the exchange stated in a bulletin issued yesterday. The auction would be crucial for industries that might be struggling to meet their obligations […]
Climate Connect News, 13 June 2014, London: The Guangdong provincial development and reform commission has issued a notification giving specific timelines to the companies covered under the pilot carbon trading scheme for fulfilling their compliance obligation. Companies have until 15 July 2014 to fulfil their compliance obligations but surrendering the compliance […]
Climate Connect News, 06 June 2014, London: Within days of allowing individuals to participate in trading emission allowances in the secondary market, the Guangdong Carbon Emissions Exchange saw record turnover of over 11 million Yuan ($1,805,233). The exchange had opening the trading for individual traders on earlier this month. On 05 […]