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Carbon credit prices sink by up to a third

Posted on 24 October 2012

The price local pollutors pay for carbon credits to offset their greenhouse gas emissions has taken another dive. Prices for some of the most commonly-traded UN-backed carbon credits, mainly from Russia and Ukraine, are down 30% in recent days.
The collapse in prices, which were already at record lows, came after the European Union signalled on Friday that it may ban its pollutors from purchasing the credits………………………………………..Full Article: Source


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