The price at the first allowance auction for year 2015 in Guangdong ETS pilot is 16.1 CNY /ton

21 September 2015 – On 21st September, 2015, Guangdong completed its first allowance auction with a price of CNY 16.1 /ton for the year 2015. The total amount of this auction is 300,000 tons. This price was higher than the lowest effective price (12.84 CNY /ton) and the intraday market price (15.5 CNY /ton). There are 19 enterprises, new entrants and investment institutions to participate in this auction.