Monday, August 31, 2009

DEWA identifying projects to generate carbon credit assets

Interesting strategy for Middle East Utility

Dubai Electricity and Water Authority (Dewa) is currently identifying projects where it could generate carbon credit assets, the first step to be involved in carbon trading.
Bert Kleinveld, Director, Special Projects at Dewa, said the utility company is looking at all its lines where a portfolio of carbon emission reduction projects under the Kyoto Protocol's Clean Development Mechanism (CDM) can be developed.

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