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Traders expect offset supply rush for China's pilot CO2 markets -survey

2016-03-24 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Carbon Pulse: Chinese offset traders surveyed by analysts at Point Carbon expect their current CCER holdings to nearly triple in size by June, suggesting prices in the countrys pilot emissions trading schemes may face additional downward pressure before the mid-year compliance deadlines. In a CCER supply curve analysis released this week, Point Carbon surveyed 11 offset traders collectively holding around 4 million offsets, around 12% of the total number issued in the Chinese market so far. Overall, our participants...

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