BP and Shell boost their carbon-trading desks with new hires
Buying and selling of carbon offsets could be a large part of Shell and BP’s net-zero plans as they go on a hiring spree
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Buying and selling of carbon offsets could be a large part of Shell and BP’s net-zero plans as they go on a hiring spree
BP and Shell have hired an array of carbon-emissions traders to replenish their ranks after an exodus of staff to trading houses last year.
BP and Shell have hired an array of carbon-emissions traders to replenish their ranks after an exodus of staff to trading houses last year.
(Bloomberg) -- BP Plc and Royal Dutch Shell Plc have hired an array of carbon-emissions traders to replenish their ranks after an exodus of staff to trading houses last year. Competition for traders of so-called environmental products has ramped up over the past year, with firms such as Trafigura Group Pte and Mercuria Energy Group Ltd expanding their footprint in businesses related to the transition to clean energy. With the cost of emissions rising, commodity-trading houses have looked to BP and Shell to hire experienced hands in the world of carbon credits and offsets. The two oil majors ar...
As the cost of emissions rise, trading houses have looked to the two energy firms to hire experienced hands in the world of carbon credits and offsets.