The carbon credit portfolio of troubled US investment bank Lehman Brothers will be put up for sale later this week, according to a source with the bank.
Monday, September 15, 2008
Lehman Brothers to sell carbon credit portfolio: source (LEH)
Ever wonder why the big banks are pushing carbon trading? They have to do something to generate income. Those balance sheets aren't going to re-liquify themselves. Here's a snippet from PointCarbon:
