'Tainted' Credits Cut UN Carbon Price: Energy Markets (Update2 ...

Forest Credits. A two-tiered UN market is “logical,” said Mark Meyrick, head of the carbon desk in Rotterdam at the trading unit of Eneco Holding NV, the Dutch utility. The EU should consider allowing high-quality credits linked to reducing emissions from deforestation and degradation in developing countries, known as REDD Plus offsets, Meyrick said. “It's more environmentally credible to allow REDD Plus credits in the EU program after 2012 than proportions of ... Carbon Offsets Daily -...