Friday, July 11, 2008

Arcelor Mittal launches €100 million carbon fund

Big money in the carbon biz. Two from Point Carbon:
Global steel company Arcelor Mittal has launched a carbon fund with an initial investment commitment of €100 million ($157 million) to generate carbon credits for compliance in the EU emissions trading scheme, the company announced on its website on Friday.


Natsource expands carbon asset fund to $133 million