Thu, Jul 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

UN carbon plan won’t reverse 99pct price decline, New Energy says

Posted on 13 December 2013

Support for voluntary retirement of United Nations carbon credits at last month’s global climate talks is unlikely to dent a surplus that drove prices to record lows, according to Bloomberg New Energy Finance.
Envoys at the UN Conference of the Parties in Warsaw encouraged canceling Certified Emission Reductions, or CERs, while stopped short of simplifying the retirement process. About 4 million CERs have been voluntarily canceled by nations and companies, UN data show, compared with more than 1.4 billion created since 2005, according to New Energy Finance………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36109 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031