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Monday, 02 Nov 2009
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Baotou Steel sells its CER at EUR 8 per tonne
Monday, 02 Nov 2009

It is reported that Baotou Steel, the fourth steelmaker of China got approval from the United Nations to sell 305,831 tonnes of Carbon Dioxide emission reduction credits at EUR 8 per tonne to enterprise including Deutsch Bank.

As per report, with two of new 0.15 million kilowatt CCPP generator units, Baotou Steel can reduce Carbon Dioxide emission significantly. Besides, Baotou Steel now is waiting for the approval of UN to sell another 482,773 tonnes of CER

(Sourced from Yieh.com)

 

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