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(Source: Datamonitor)trackingEssent Trading, an asset-backed merchant energy trading firm, has transferred the first of a series of certified emissions reductions to the Austrian government. The carbon credits, which are part of a package of 10 projects, will be used by the Austrian government to support the country’s commitment under the Kyoto Protocol.

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Tags: carbon credits, CDM, Certified Emissions Reductions

So its time again to get involved in another carbon credits auction. And this time its coming from South America, Brazil to be precise. On Sept 25, is going to sell out over 700,000 CERs through its second aution. The , around 450,000 from the Bandeirantes one and another 260,000 from the Sao Joao landfill.

The auction is to take place through BMFs website early in the morning (8:30 Brasilia Time). Just one day prior to the auction date, the website will publish the minimum bid amount. Prospective bidders will have to pledge a sum of 400,000 euro at least 5 business days before the auction is held.

Tags: Auction, Brazil, carbon credits, CERs, Certified Emissions Reductions, Landfill