Carbon offset credits have fallen to a new all-time low amid oversupply and signs of a possible ban on some credits in the European Union system. The price of one carbon credit, nearly Euro 24 (Rs 1,500) in 2008, was Euro 0.83 on Thursday.
The price of carbon credits continuing to slide in the global markets which is currently trading at $ 1.05 per CER (Certified Emissions Reductions), and the first commitment period for the Clean Development Mechanism (CDM, under which carbon trading is
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