Archive for August 24th, 2007

Emissions Permits to be sold in Sao Paulo

24th 2007f August, 2007, Jon

Bloomberg reports that the largest Brazilian city will be selling Carbon Emission Permits for the first time on the 27th September. An equivalent of 808,450 tons of CO2 in permits gained through the city’s Clean Development Mechanisms will be sold, with a minimum bid price that will be set at a 40% discount rate of [...]