Monetize your carbon credits while retaining potential appreciation

With today’s credit markets mostly closed, or accessible only at prohibitively high rates, what is a company supposed to do if it needs to raise capital. Well, if you are a company that happens to be sitting on a meaningful amount of CERs/carbon credits, a little financial know-how could be your best friend.
A “sale-buyback” […]

Goldman Sachs buys into carbon credits market

The Goldman Sachs Group, Inc. (NYSE: GS) has purchased a minority stake in Blue Source LLC, a U.S. developer of carbon credits from greenhouse gas reduction project, according to a release issued yesterday by the two companies.
The size of the equity stake and the purchase price were not disclosed. However, Reuters reported that a source […]

ETF Securities To List Europe’s First Carbon ETC

Let the carbon investing boom begin:
ETF Securities Limited (ETFS), the global pioneer in Exchange Traded Commodities (ETCs), will list the world’s first Carbon ETC on the London Stock Exchange (LSE) in the dedicated ETC segment. ETFS Carbon offers investors, for the first time ever in Europe, the opportunity to gain simple and direct exposure to […]

Largest ever structured carbon product

This was last weeks news but I couldnt let it pass. Many, including me, blame this global crisis/recession/meltdown on financial wizardry in the mortgage markets. Basically, you create a mortgage, sell it to Wall Street, throw it together with a bunch of other mortgages, chop it up into different tranches for different risk […]

NYSE Euronext and EasyETF launch European low-carbon index & ETF managed by BNP Paribas

Today, at a conference in Paris, organised by BNP Paribas Investment Partners on “Finance and Environmental issues”, NYSE Euronext announced the launch of a new carbon index identifying European companies with a low carbon footprint: the “Low Carbon 100 Europe® Index”. This conference attracted investors, asset management professionals, NGOs and academics.
At the same time, BNP […]

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