10.04.2015 - London Brokers Handle No UN Carbon Offsets for First Time
Carbon brokers in London handled no United Nations certified emissions offsets in March, the first time volume in the over-the-counter market fell to zero, according to an industry group. Buying and selling of Certified Emission Reductions spot and futures contracts slid from 415,000 metric tons in February and 18 million tons a year earlier, according to data Thursday from the London Energy Brokers Association, which started reporting monthly volumes in January 2011. The group’s members include ICAP Plc and BGC Partners. Brokers handled 100 million tons of European Union carbon permits in March, LEBA data show...............................................Full Article: Source
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