News Formal

JSE wants the continent’s carbon market

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

'We are putting the plumbing in place' to trade these securities, Valdene Reddy, the JSE’s director of capital markets, said.

JSE, which operates Africa’s biggest stock and bond exchanges, has made its play to corner the continent’s nascent carbon market. The Johannesburg-based company has started a market for carbon credits and renewable-energy certificates with Xpansiv, which provides infrastructure to trade what it terms environmental commodities, it said on Thursday. “We are putting the plumbing in place” to trade these securities, Valdene Reddy, the JSE’s director of capital markets, said in an interview.

A single carbon credit represents a ton of climate-warming carbon dioxide or its equivalent either removed from the atmosphere or prevented from entering it in the first place. Renewable-energy certificates each represent a unit of power generated from renewable sources, which can be traded to offset emissions.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Foreigners flee SA stocks, sending volumes on JSE tumblingNon-resident investors have sold over R100bn in equities this year.
출처: Moneyweb - 🏆 5. / 77 더 많은 것을 읽으십시오 »

How South Africa Can Slash Fuel Prices to R10 With Special Tax on Oil Companies, According to PAPPIVisvin Reddy of the People Against Petrol and Paraffin Price Increase believs that the fuel price can be slashed to R10 via a special tax and buying oil cheaper.
출처: brieflyza - 🏆 10. / 68 더 많은 것을 읽으십시오 »