Archive for September 27th, 2007

Brazilian new carbon market

27th 2007f September, 2007, Jon

Further to a previous post concerning the introduction of carbon permit sales in a Brazilian stock market: the Brazilian Mercantile and Futures Exchange yesterday ended the first auction for carbon credits on sale in the amount of 808,450 tons of CO2. The Dutch-Belgian Fortis Bank placed the highest bid amounting to $18.5 million for all [...]