Mar 21, 2024 05:06 PM

China Carbon Watch: Trading Plummets as Compliance Deadline Passes

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Trading in China’s national carbon emissions allowance (CEA) market in January and February registered 3 million and 2.4 million tons, respectively.

This marks a significant drop from the monthly average for the August-December period of 40.2 million tons. During that period, trading was active as covered entities bought up CEAs for the second compliance cycle that ended on Dec. 31.

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