TFS brokers first Gold Standard CERs from China

TFS Energy has brokered the first deal involving gold standard certified emissions reductions (CERs) sourced from a clean development mechanism (CDM) project in China.

The deal, between Essent Trading and China Datang Corporation (one of China's top five power companies) will allow Essent to purchase CERs from a 45MW Datang wind project in Fujian province.

Essent will purchase about 450,000 CERs over a period of five years from the start of 2008 from the project, which was approved by the United N

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