Home › London Underwriter Becomes First to Insure California Carbon Credits
 

Keywords :   


London Underwriter Becomes First to Insure California Carbon Credits

2013-05-25 10:13:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Parhelion Underwriting Ltd. became the first insurer to offer a policy to protect companies from the invalidation of carbon offset credits sold as part of California's cap-and-trade program. Parhelion, based in London, will sell insurance for permits originally issued by the Climate Action Reserve, an independent registry in Los Angeles, the companies said in an e-mailed statement today. California holds the buyer responsible for the costs of a project that's invalidated because it didn't produce...

Tags: california london credits carbon

Category:Electronics and Electrical

Latest from this category

All news
»
06.10Ex-cabinet secretary says 200,000 job is underpaid
06.10Hurricane Leslie Graphics
06.10Hurricane Leslie Forecast Discussion Number 16
06.10Hurricane Leslie Wind Speed Probabilities Number 16
06.10Hurricane Leslie Forecast Advisory Number 16
06.10Hurricane Leslie Public Advisory Number 16
06.10Summary for Hurricane Leslie (AT3/AL132024)
06.10Hurricane Kirk Graphics
More »