UN Carbon Credit Supply Falls to 19-Month Low in September
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Supply of United Nations carbon offsets fell to the lowest level in 19 months in September after credits dropped to a record.
The executive board of the UN’s Clean Development Mechanism, the body responsible for regulating Certified Emission Reductions, issued 14.5 million metric tons of credits in September, down 31 percent from 21 million in August, according to UN data compiled by Bloomberg. This month’s volume is the lowest since February 2011.