Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Guangdong carbon market closes higher

December 28, 2021


Abstract : Carbon emissions allowances closed at 56.97 yuan (about 8.9 U.S. dollars) per tonne on Monday, up 0.11 percent from Friday, at China Emissions Exchange (Guangzhou), the largest local carbon market in China.

GUANGZHOU, Dec. 27 (Xinhua) -- Carbon emissions allowances closed at 56.97 yuan (about 8.9 U.S. dollars) per tonne on Monday, up 0.11 percent from Friday, at China Emissions Exchange (Guangzhou), the largest local carbon market in China.

A total of 1,602 tonnes of allowances were transacted on Monday, with a turnover of 86,854 yuan.

The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps assigned to companies. Firms whose emissions surpass their share must buy extra quotas from authorities or purchase unused quotas on the market from those that cause less pollution.

Since its opening in December 2013, the market has traded 198.39 million tonnes of GDEA, with a total turnover of 4.55 billion yuan. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Guangdong carbon market

Reading:

23rd China Hi-Tech Fair kicks off in Shenzhen

Uzbekistan launches overseas warehouse in China

China-Europe freight trains help reduce greenhouse gas emissions, says Eurasian Rail Alliance CEO

【Financial Str. Release】China's stock market draws 1.34 mln new investors in November

Economic Watch: China's industrial profits maintain rapid growth in first 11 months

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial