Article on Bloomberg announcing a World Bank “methane-reducing facility” which is to underpin carbon market demand by issuing put options for methane emissions on a competitive basis. “Put options give the holder the right to sell at a certain strike price, but not the obligation.”

I am pleased to see the idea of put options, (which Prodipto Ghosh and I also suggested to support the CDM http://www.oxfordclimatepolicy.org/publications/documents/comment_1008-2...) is be-ing realised. I think the use of such Quantity Performance Instruments could indeed be key in re-viving market instruments.

See also www.oxfordclimatepolicy.org/publications/documents/Ghosh-Mueller-Pizer-W...