First offset issuance of 2018 completed in Guangdong

May 8, 2018 – The government of Guangdong province has issued 61.000 carbon credits this week, the first ones issued since July of last year. The PHCERs were issued to two forestry projects and will be auctioned by the China Emission Exchange in Guangdong on May 10 at a minimum price of 10.81 yuan (1,42 EUR). Shanghai Energy Exchange has also announced the restart of CCER registration.

Sources: (Chinese) (Chinese)