2010/08/11

Fwd: UN Issues 1.8 Million New Greenhouse-Gas-Offset Credits

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UN Issues 1.8 Million New Greenhouse-Gas-Offset Credits
2010-08-11 13:01:47.495 GMT


By Mathew Carr
Aug. 11 (Bloomberg) -- The United Nations issued 1.8
million metric tons of emission offsets today, boosting supply.
The UN Framework Convention on Climate Change secretariat
in Bonn has issued 1.9 million tons of new credits so far this
month, compared with 2.5 million tons for all of July, 3.4
million tons in June and 10.5 million tons in May, according to
UN data.
Today's issuance includes 912,702 tons for the nitrous-
oxide-reduction project in Korea by Korea Energy Management
Corp. and a unit of Rhodia SA.

For Related News and Information:
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European power-markets home page: EPWR <GO>

--Editors: John Buckley, Raj Rajendran

To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net

To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net