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Manufacturing Industry

CEMTREX LAUNCHES DIVISION FOR MARKETING OF CARBON CREDITS.

Industrial Environment,  December, 2005  

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Cemtrex Inc., Farmingdale, has set up a division for developing a portfolio of diversified international CDM (Clean Development Mechanism) projects for marketing carbon credits. The company will offer services that include project development, providing technology and project financing, development of CDM methodologies, project registration and approval, and marketing of carbon credits or certified emission reductions (CERs).

The Clean Development Mechanism is one of the three so-called flexible mechanisms of the Kyoto Protocol. These mechanisms are designed to make it easier and ...

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