At the same time the Syrian regime of Bashir Al-Assad began the brutal repression that would quickly spin the country into civil war—and culminate with the use of chemical weapons against its own citizens-- Syrian officials were officially registering a deal with the United Nations agency sponsoring the world's largest carbon-trading scheme for an industrial complex known for years as a “dual-use” facility in the government's production of the same weapons of mass destruction.
Click here to read this story in full @ Fox News: http://www.foxnews.com/world/2013/09/23/un-emissions-trading-project-has-links-to-syria-chemical-weapons-arsenal/
Showing posts with label CERs. Show all posts
Showing posts with label CERs. Show all posts
Tuesday, September 24, 2013
Sunday, November 4, 2012
Is UNDP's uncontrolled production of Carbon Certificates - destroying UN' Certified Emmission Credits value?
Click here to read this at Bloomberg: http://www.bloomberg.com/news/2012-11-02/un-cer-emission-credits-drop-as-supplies-advance.html
UN CER Emission Credits Drop as Supplies Advance
United Nations Certified Emission
Reduction credits for December dropped to a four-day low as
supplies will probably rise this month to a record.
CERs declined as much as 10 percent to 86 euro cents ($1.11) a metric ton and were at 93 cents at 10 a.m. in London on the ICE Futures Europe exchange in London.
The credits fell to an all-time low of 71 euro cents a ton on Oct. 25, as demand in Europe remained muted by low levels of economic production. Supplies of new CERs may rise to a record 57 million tons this month, according to data from the website of the UN Framework Convention on Climate Change in Bonn.
European Union permits for December declined 0.6 percent today to 8 euros a ton. Emission Reduction Units for the same month lost 10 percent to 61 euro cents a ton.
To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net
CERs declined as much as 10 percent to 86 euro cents ($1.11) a metric ton and were at 93 cents at 10 a.m. in London on the ICE Futures Europe exchange in London.
The credits fell to an all-time low of 71 euro cents a ton on Oct. 25, as demand in Europe remained muted by low levels of economic production. Supplies of new CERs may rise to a record 57 million tons this month, according to data from the website of the UN Framework Convention on Climate Change in Bonn.
European Union permits for December declined 0.6 percent today to 8 euros a ton. Emission Reduction Units for the same month lost 10 percent to 61 euro cents a ton.
To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net
Click here to read this at Bloomberg: http://www.bloomberg.com/news/2012-11-02/un-cer-emission-credits-drop-as-supplies-advance.html
Labels:
carbon certificates,
CERs,
Certified Emission Reduction,
UN,
undp,
UNFCCC
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