Demand for carbon credits will continue


KUALA LUMPUR: The demand for certified carbon emissions (CER) or carbon credits will continue to increase among developed nations despite the Kyoto Protocol’s Clean Development Mechanism (CDM) agreement expiring by 2012.

CDM consultancy firm Perenia Carbon Malaysia Sdn Bhd senior associate Bhavna Khandar said countries like Japan, Australia, the United States and the European Union (UE) were showing increasing interests to buy carbon credits from developing countries.

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