Carbon market booming
According to a new report by the World Bank, the global carbon
market has doubled in value since 2005 and was expected to hit
US$22billion by the end of last year.
The EU’s Emissions Trading Scheme is dominating the market with an estimated value of almost US$19billion. Since the scheme was launched in 2005, some 12,000 large industrial plants within the EU have been trading permits to release carbon dioxide into the atmosphere.
January 2007
The EU’s Emissions Trading Scheme is dominating the market with an estimated value of almost US$19billion. Since the scheme was launched in 2005, some 12,000 large industrial plants within the EU have been trading permits to release carbon dioxide into the atmosphere.
January 2007
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