- News
- Markets
- News Direct
- Trading
- Market Players
- Forum - your say
- Job opportunities
- Events
- Carbon Market Directory
- Books
City forester trebles profits with sale of credits
A forestry company has sold Kyoto carbon credits for three times the amount of its 2009 profit.
A confidentiality clause in the sale agreement means the seller can’t say who has bought the 150,000 NZUs, but Carbon News understands that the deal is worth around $3 million and the buyer was a New Zealand emitter.
Story copyright © Carbon News 2010
Subscriber Content - You need to log in
To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.
We send you a reminder before we charge your card or send an invoice before your FREE trial ends. We'll also remind you before we automatically renew your annual subscription. We will also ask you for updated credit card or invoicing information at this time, if necessary.
RISK FREE: You can stop your subscription at any time for any reason without question! We will refund you for the unused proportion of your subscription.
Please enjoy your 7 day FREE trial - and our no risk money back guarantee policy!
Login
Latest in Forestry
- Iwi join Aussies in carbon forestry venture (27 Aug 10)
- Govt might have to boost new plantings (20 Aug 10)
- Farm leader angers 'foreign-owned' foresters (30 Jul 10)
- Credits due for pre-1990 forests (30 Jul 10)
- Foresters: Farmers can't see wood for the trees (16 Jul 10)
- Credits market growing, says carbon pioneer (9 Jul 10)
- Foresters seek timber imports safeguard (2 Jul 10)
- NZ forest credits sell to Danish Government (18 Jun 10)
- Carbon forestry can work, say tree growers (11 Jun 10)
- US climate bill key to Pacific carbon market (4 Jun 10)