Some CERs “not sexy” enough for investors: carbon industry heavyweight

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In addition, Bossley cautions against investing in projects beyond 2012. "All CER credits are equal, but some are more equal than others," she says, referring to the fate of the Chinese CDM market and investor flows into this region. "At this point, I wouldn't see the point of investing in CDM projects in Phase III (2013–2020), as we don't know what credits, particularly Chinese generated ones, will be allowed into the EU ETS."

CERs can be used by countries to comply with their emission targets