China Carbon Prices Tumble to Lowest Since 2023 on Oversupply
NegativeFinancial Markets

China's carbon credit prices have plummeted to their lowest point in over two years due to oversupply triggered by the country's carryover rules. This significant drop not only reflects the challenges within China's carbon market but also raises concerns about the effectiveness of its climate policies. As the market adjusts, stakeholders are left wondering how this will impact future investments and the overall progress towards carbon neutrality.
— Curated by the World Pulse Now AI Editorial System