We lost three this week.
Recent press highlighted some of the difficulties in the carbon trading market caused by the UN providing greater scrutiny of carbon credit projects. One of the effects seems to be the bankruptcy and April 4 delisting of AgCert. AgCert was engaged in methane capture projects to produce carbon offsets. So if your looking for AgCert in our database, they aren’t there. We only cover the public markets.
The news is not all bad for carbon traders over the last year.
Of the four remaining carbon credit companies we track, investors have seen great returns for Climate Exchange. Camco and EcoSecurities, on the other hand, have had huge losses. In the middle, Trading Emissions has treaded water.
We have suspended coverage of two other OTCBB companies, AlgoDyne Ethanol and Orion Ethanol, due to very low trading volume . If our data service is able to report on these companies we will reinstate coverage.