Jan 25th 2011
Consultant calls for tighter security on carbon markets
On Monday 24 January consultant PricewaterhouseCoopers (PwC) called for the European Commission to mandate tighter security measures in the European carbon market following the theft of credits from registries in the Czech Republic, Romania and Germany. PwC added that making greater investments in security measures now will "pay for itself many times over" in the long term by reducing the incidents of theft, loss and fraud.
Bloomberg reported the same day that EU carbon permits for 2012 increased 0.8% to a two-week high of €15.06 on speculation that offset credits will drop as the ban on trading continues until later in January.
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