Guangdong carbon market closes higher

NAMPA / Xinhua
2026-08-28
GUANGZHOU, Aug. 28 (Xinhua) -- Carbon emissions allowances closed at 40 yuan (5.9 U.S. dollars) per tonne on Friday, 5.26 percent up from last transaction day at Guangzhou Emissions Exchange. A total of 200 tonnes of allowances were transacted on Friday with a turnover of 8,000 yuan. The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps assigned to companies. Firms whose emissions surpa......
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