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Carbon trading may be ready for its next act

Posted on 14 November 2011

Gone are the days when carbon trade was seen as a vital policy tool to cut emissions at the cheapest cost, and not many people talk about its prospects for overtaking the oil market in terms of traded value anymore.
Its reputation has been battered by a €50 million, or $69 million, scandal over permit thefts and a €5 billion fraud in the European Union’s emissions trading program, the world’s largest………………………………………..Full Article: Source


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