Durum Capital joins Canadian carbon-fund fray | Wealth Professional

Canada’s transition to a low-carbon economy, combined with stricter environmental rules, has created a one-of-a-kind market opportunity for the acquisition and selling of carbon credits.

Carbon credits equivalent to the quantity of carbon dioxide decreased or removed can be generated by creative enterprises that reduce or remove GHG from the atmosphere.

These carbon credits can subsequently be sold to and used by emitters who exceed their allowed emissions limits in the marketplace.

Durum Carbon LP will buy and retain over-the-counter carbon credits, then sell them at a higher price when the price of carbon rises and return criteria are satisfied.

…Read the full story