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Indian firms drop carbon trading plans in favor of renewable projects

Posted on 06 March 2009

From Cleantech.com: The declining value of carbon credits is prompting some major Indian companies to spend money on renewable energy projects instead of preventing pollution.

The Kyoto Protocol awards carbon credits for projects that reduce pollution in developing countries. Companies can finance their projects by selling credits to polluters on international markets. Due to the economic slowdown, credit values have declined by 50 percent….. Full Article: Source

A SQUARE’s recent webinar on carbon-led investing - with voice-over (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 39513 posts on Opalesque Commodities Briefing.


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