From liability to asset

摘要

The gradual integration of the US into the global carbon market represents an attractive opportunity for US coal mining companies. As of March this year, seven coal mine companies located in China had registered over US 625 million dollars of carbon credits generated from coal mine methane (CMM) abatement projects. Once registered with the appropriate UN body, these credits are eligible to be sold into the EU's cap-and-trade system. Based on the current pipeline of projects from 51 additional coal mine companies, including mines located in the Ukraine, Slovakia, South Africa, and Mexico, the total value of eligible carbon credits will increase to nearly US 4 billion dollars.