Tag Archive | "permits"

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 […]

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Shenzhen to hold first-ever auction of carbon permits

Shenzhen to hold first-ever auction of carbon permits Shenzhen will auction 200,000 carbon permits to help the city's big emitters meet their targets under an emissions trading scheme. But speculators who had bought permits in the market in the hope of selling them to emitters at a profit, said the … Read more on South […]

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