Guangdong Sells 500k CO2 Allowances at Minimum Price in Latest Auction

28 March 2016 – China Emissions Exchange in Guangzhou announced that eight companies bid successfully at the auction, with bids ranging from 12.69-16.49 RMB. The price floor is 12.9 RMB ($1.95 US), which is more than 20% below the secondary market.