Carbon Credits, India, Wind

Tata Motors Cashes in CERs on Chicago Climate Exchange (CCX)

Through reduction of 163,784 tons of CO2, Tata Motors sold CERs at US$22.11 each on the Chicago Climate Futures Exchange (CCFE).  The auction, the first of its kind in the US, was 13.3 times oversubscribed.  Tata Motors has developed two wind projects in Satara and Supa in Western India.  Read the article here.

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s