GUANGZHOU, April 20 (Xinhua) -- Carbon emissions allowances closed at 38.50 yuan (5.61 U.S. dollars) per tonne on Monday, remained unchanged from last transaction day at Guangzhou Emissions Exchange.

A total of 100 tonnes of allowances were transacted on Monday with a turnover of 3,850 yuan.

The allowances, officially known as Guangdong Emissions Allowances (GDEA), are carbon dioxide emissions caps assigned to companies. Firms whose emissions surpass their share must buy extra quotas from authorities or purchase unused quotas on the market from those that cause less pollution.

Since its opening in December 2013, the market has traded over 233.51 million tonnes of GDEA, with a total turnover of nearly 6.8 billion yuan. ■