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KenGen Kenya

Climate love

KenGen eyes windfall from sale of 287,416 carbon credits

Listed power producer, Kenya Electricity Generating Company (KenGen) is eyeing a windfall from a planned sale of 287,416 certified emission reduction credits(CERs), the bulk of it from its Olkaria 1 geothermal power project.A CER is equivalent to one tonne of carbon dioxide (CO2) and they are part of emission reduction efforts under the Kyoto Protocol. KenGen said it has been issued with a total of 4,682,639 CERs from its six projects registered under the Kyoto Protocol’s Clean Development Mechanism (CDM) with some potential reduction emissions of 1.5 million of carbon equivalent per year.https://nation.africa/kenya/business/kengen-eyes-windfall-from-sale-of-287-416-carbon-credits--4205786

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  • Kevin

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    61 w

    Very great opportunity

    1
    • Tabitha Kimani

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      β€’

      62 w

      A great opportunity in carbon credits.

      13
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