The market for Certified Emission Reductions (CERs) or the carbon credits issued by the UN's Clean Development Mechanism (CDM), gained momentum last month when the Lieberman-Warner bill was amended to make provision for US industries to purchase international carbon offsets. The prices increased throughout May and their upward trend continues this month as well..
China economy
Price of Kyoto Carbon Credits on the Rise
(via www.carbonoffsetsdaily.com)
Submitted by Carbon Offsets Daily on Wed, 2008-06-04 21:36. | Tags: architecture | carbon credits | carbon offsets | CER prices | China economy | Lieberman-Warner Bill
China #1 Supplier of Carbon Credits Falls Short Of Key Goals
(via www.carbonoffsetsdaily.com)
China is the number one supplier of Carbon Credits (CC), with a 73% market share, and they show no signs of slowing down. Good news on paper, yet last year alone, Shanghai fell short of its goal of 4% improvement in energy efficiency, and two of the major environmental indicators were pointing in the wrong direction.
Submitted by Carbon Offsets Daily on Wed, 2008-06-04 00:18. | Tags: politics | carbon credits | carbon offsets | CER | China economy | india | Shanghai economy | Sulfur dioxide
