News
23 August 2023

Traders in CO2 credits saddled with vast stranded-asset pile

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

A number of major carbon traders are finding that offsets they bought may now be valueless. Trafigura Group, the world’s largest trader of carbon-removal credits, has suspended a consignment as it awaits the results of a probe into the forestry project behind the units. The situation has...

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