Anorak News | Nicholas Sterns On Carbon And Brass

Nicholas Sterns On Carbon And Brass

by | 28th, June 2008

SIR Nicholas Stern doing well:

Lord Nicholas Stern, author of the UK’s Stern report on climate change, will launch a new carbon credit ratings agency on Wednesday, the first to score carbon credits on a similar basis to that used to rate debt …

The agency, run by the IdeaCarbon group of which Lord Stern is vice-chairman, said it would offer investors a guide to the quality of credits and the likelihood that they would be delivered. Sellers of carbon credits would have to pay to have their products rated, while buyers would also pay to gain access to the ratings.

Making money from climate change…

Posted: 28th, June 2008 | In: Money Comment (1) | TrackBack | Permalink