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UN Emission Credits Surge 38%

Emission credits issued by the United Nations increased 38 percent this month, Bloomberg reports. The surge came amid speculation that developers are buying up the contracts — which are sold by the UN in a bid to encourage investment in climate-friendly projects — to meet commitments with buyers to deliver … Read more »

UN Emission Credits ‘May Drop to Almost Zero’

UN Emission Credits ‘May Drop to Almost Zero’

Orbeo has said prices for United Nations emission credits may drop to almost zero this year, Bloomberg News reports. Orbeo, a carbon-trading company owned by Solvay Energy Services, also predicts a possible rebound after 2015. Investors are dumping the UN greenhouse-gas credits known as Certified Emission Reductions, Orbeo senior manager … Read more »