European Union carbon permits fell this week, tracking losses in wider commodity markets after Central Bank President Jean-Claude Trichet signaled slow economic growth.
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European Carbon Permits Fall as Slow Economy May Sap Demand
- Author: Jane
- Published: Sep 14th, 2009
- Category: Top Stories
- Comments: None
Credibility of project-based offsetting in tatters
Over the weekend there was news that a company called SGS was suspended by the United Nations from its role as an auditor of carbon offset projects. SGS had been appointed by the UN to check that offsetting projects were being set up properly and reduced greenhouse gas emissions.