China's Shenzhen sells only a 3rd of discounted carbon permits in auction

China's Shenzhen sells only a 3rd of discounted carbon permits in auction
"They don't think the rules are right and they don't want to pay more than they think they should," a Shenzhen-based trader who did not wish to be named told Reuters. The 635 firms participating in the scheme have intensity-based CO2 targets but some …
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