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Home > News > Fall in crude oil prices affects carbon credits mkt > Fall in crude oil prices affects carbon credits mkt

Fall in crude oil prices affects carbon credits mkt [1]

The ongoing global economic downturn and a sharp fall in crude oil prices in the last few months have dampened the market for carbon credits.

The prices of carbon credits dropped nearly 75 per cent in 2008, leaving those who had invested in them with huge losses.

Publication Date: 
07/03/2009
Business Standard (New Delhi) [2]
Tags:
Climate Change [3], Clean Development Mechanism (CDM) [4], Certified Emission Reduction [5], Cap And Trade [6], India [7], Fuel Pricing [8]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/fall-crude-oil-prices-affects-carbon-credits-mkt

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[1] http://admin.indiaenvironmentportal.org.in/news/fall-crude-oil-prices-affects-carbon-credits-mkt
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/clean-development-mechanism-cdm
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/certified-emission-reduction
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cap-and-trade
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing