New carbon brokerage targets non-power-sector SMEs

Lionel Fretz, the former founder of specialist merchant banking group Climate Change Capital, becomes chief executive. Reuben Maltby has left carbon brokerage firm, where he worked as vice-president of transactions, to take responsibility for trading and sales. John O’Brien, former managing director of Carbon Market Solutions and principal consultant of Enviros Consulting, is head of origination.

“Banks are trading speculatively, while utilities are trading to manage their own

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