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Carbon exchanges cashing in amid EU slowdown

Posted on 18 February 2009

From Reuters: Carbon emissions exchanges are thriving, making as much as 2 million euros ($2.55 million) a week in revenues, Reuters data shows, just as European industry struggles to survive in the wake of the economic downturn.

Under the European Union’s Emissions Trading Scheme, heavy industry is allotted an annual quota of emissions permits called EU Allowances (EUAs), and are forced to buy more, often over carbon exchanges, if they emit more carbon dioxide than allowed….. Full Article: Source

A SQUARE’s webinar with voice over on carbon led investing (which non-A SQUARE subscribers can purchase individually) can be accessed here:http://www.opalesque.com/asquare/509/Webinar_Carbon_Led_Investing.html


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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