LONDON Feb 2 (Reuters) - U.N.-backed carbon permits were among the worst performing commodities in 2011 and trading volume fell more than 35 percent in January this year from December as the benchmark contract became very illiquid, renewing concerns about lack of demand. Prices for United Nations carbon credits, called certified emissions reductions (CERs), have sunk by more than 60 percent since January last year.
Thursday, February 2, 2012
Is there any market left for CER's?
LONDON Feb 2 (Reuters) - U.N.-backed carbon permits were among the worst performing commodities in 2011 and trading volume fell more than 35 percent in January this year from December as the benchmark contract became very illiquid, renewing concerns about lack of demand. Prices for United Nations carbon credits, called certified emissions reductions (CERs), have sunk by more than 60 percent since January last year.
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