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Carbon trading reaches record high, to capture low prices

Posted on 08 January 2013

The worth of traded EU carbon allowances and UN greenhouse gas emissions credits fell by 36% in 2012, although trading reached record levels. The value dropped from €95bn in 2011 to a reported €61bn last year, representing the first annual contraction to be suffered by the sector since 2008, according to Bloomberg New Energy Finance.
However, trading across the world’s carbon markets grew by 26% in 2012, to reach 10.7bn tonnes, which is equivalent to one third of the world’s total emissions of carbon dioxide………………………………………..Full Article: Source


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