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.
The Ordinance on Carbon Emissions Trading System Administrative Management is expected to be rolled out soon, awaiting review and approval by the national authority
During a regular press conference of the Ministry of Ecology and Environment (MEE) in September, Mr. BIE Tao, Deputy Director of the Department of Laws,