2011/01/10

UN Supply of CO2 Credits Exceeds 500 Million Tons, Price Fal

see attached UN Supply of CO2 Credits Exceeds 500 Million Tons, Price Falls


By Mathew Carr
Jan. 10 (Bloomberg) -- The supply of United Nations
emission credits exceeded 500 million tons for the first time.
Certified Emission Reduction credits totaled 501.5 million
tons of carbon dioxide equivalent as of 2 p.m. Bonn time,
according to a UN website. Credits for December fell 2.1 percent
to 11 euros, the lowest price since April 1.

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