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Nov. 16 (Bloomberg) — Electricite de France SA may buy as many as 4 million tons of carbon credits through 2020 from Latin American projects and trade them in Europes emissions program.
EDF Trading will purchase 1.5 million Certified Emission Reduction credits by the end of 2012 from four landfill gas projects in Latin America run by Bionersis, a Paris-based renewable energy company. EDF has the option to buy 4 million credits until 2020, according to a joint statement today.
Bionersis and the trading unit of EDF, Europes biggest power utility, said they will work together to produce CER credits under the United Nations Clean Development Mechanism.
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