County Public Works Commissioner Vincent Spagnoletti said a public announcement regarding the sale of the landfill’s carbon credits is expected this week.

Spagnoletti the county will sell its credits to “one of the largest companies in the world” but said the details will be made public in a joint announcement.

“This is good,” said Public Works Committee Chairman Robert Nichols. “We like money flowing in.”

County officials began looking late last year for a way to sell the credits it receives for voluntarily using flares to burn off methane gas at the landfill on Turnpike Road. County Attorney Frederick Ahrens first raised the idea of selling the landfill’s carbon credits last Nov.

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Tags: carbon credits, Landfill

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