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Global warming fails to hot up a cooling carbon credits market

Posted on 23 November 2012

With the price of carbon credits continuing to slide in the global markets and the first commitment period for the Clean Development Mechanism (CDM, under which carbon trading is permitted) coming to an end this year, companies and investors holding carbon credits are worried at the prospect for investments in this regard.
“Investors are worried. No transaction is happening in the global carbon market. The prices have come to below a dollar and no one (holding a carbon credit) is willing to exit the market. The negative sentiments can affect new green project registrations as well. When the carbon prices are too low, then companies and investors would not like to venture there,” said a partner with a leading consultancy firm………………………………………..Full Article: Source


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