Recycled CER scandal could push carbon trading over the counter

The latest scandal to hit the carbon markets, involving the trading of recycled Certified Emission Reduction units (CERs), could damage the credibility of carbon credits and push volumes off exchanges and onto the over-the-counter markets, say experts.

Carbon emission

"This might start pushing trading of CERs onto the OTC market, because participants will start to sort their own documentation out to guarantee the CERs they are trading are not ones that have been used before," says Trevor Sikorski, carbon analyst at Barclays Capital.

A number of European climate exchanges, including France's BlueNext and Norweigan-based Nord Pool, have halted trading of CER contracts this week in response to fears recycled carbon credits have entered the market.

In a memo to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

2021 brings big changes to the carbon market landscape

ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here