Thursday, September 9, 2010

UN investigation into carbon trading fraud slows other traders

The UN is investigating large scale fraud in its carbon trading program, CDM's. This is a good thing. Other entities try to make money via carbon trading and are finding news of suspected UN fraud and its investigation putting a drag on sales. A Bloomberg News headline indicates alarm that 'fraud' news is slowing business down:
Bloomberg owns New Energy Finance, involved in various aspects of carbon trading.
via Tom Nelson

No comments:

Post a Comment