Thu, Nov 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

Carbon credits are hot commodity for utilities at auction

Posted on 01 October 2008

From Istockanalyst: The right to emit greenhouse gases in the Northeast is a little more valuable than expected. That, at least, is one way to read the results of the nation’s first-ever auction of carbon allowances, each of which allows utilities in 10 Northeast states to emit one ton of carbon into the air.

All 12.5 million of these allowances sold in the sealed-bid auction at $3.07 apiece. This price is half as much as was assumed in a UNH study last year and well above the minimum price set by the Regional Greenhouse Gas Initiative….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30