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‘Carbon trading’ now big business

Posted on 31 October 2008

From Post-gazette.com: While recent months have seen a global contraction in both debt and equity markets, at least one financial market has been booming this year, a market that scarcely existed five years ago.

The global market for “carbon trading” grew 36 percent between January and September, to $84 billion from $67 billion, according to New Energy Finance, a London-based company that tracks activity in energy markets. By year’s end, the market is expected to surpass $100 billion….. Full Article: Source


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