Sun, Oct 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

Global carbon trading system has ‘essentially collapsed’

Posted on 17 September 2012

The world’s only global system of carbon trading, designed to give poor countries access to new green technologies, has “essentially collapsed”, jeopardizing future flows of finance to the developing world.
Billions of dollars have been raised in the past seven years through the United Nations’ system to set up greenhouse gas-cutting projects, such as windfarms and solar panels, in poor nations. But the failure of governments to provide firm guarantees to continue with the system beyond this year has raised serious concerns over whether it can survive………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031