Tag: Cbios

Brazilian carbon credit first trade at near $10/CBIO, RenovaBio’s public consultation period open til July 4

Brazilian carbon credit first trade at near $10/CBIO, RenovaBio’s public consultation period open til July 4

June 28, 2020 |

In Brazil, S&P Global Platts reports that the new Brazilian carbon credit, called CBIOs, had their first trade of 100 units at a cost of Real 50/CBIO ($10/CBIO), in which the Datagro Conference company was the buyer and an ethanol producer Adecoagro was the seller. Brazil´s Minister of Mines and Energy released the proposal to […]

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Datagro first to buy Cbios in deal with Adecoagro, Sucden and Santander

Datagro first to buy Cbios in deal with Adecoagro, Sucden and Santander

June 15, 2020 |

In Brazil, Reuters reports that the first Cbios deal was completed last week when Datagro purchased 100 of them at about $9.70 each from Adecoagro. Sucden was the broker while the purchase was financed by Santander. The credits are meant to offset the carbon emissions of Datagro’s future in-person events. The government hopes to see […]

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