Financial Times FT.com

Carbon trader's shares fall to new low

By Fiona Harvey, Environment Correspondent

Published: July 11 2008 03:00 | Last updated: July 11 2008 03:00

The fledgling carbon trading market suffered another blow yesterday as shares in EcoSecurities, one of the biggest carbon traders listed on Aim, fell to a record low.

Shares in the company, which invests in projects that yield carbon credits, closed down 5p at 73p. The fall came after a trading statement warning that revenues would be concentrated in the fourth quarter because of a slowing of the rate at which the company had been able to generate carbon credits.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this