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Up in smoke: Carbon credit trade past its sell-by date?

Posted on 06 June 2013

Carbon prices in international markets are at their lowest in a decade. Projects, especially in India and China, two major suppliers of carbon credits, are writing off expected revenues. Carbon trade, touted as the emission trading scheme that’d cheaply reduce emissions bringing green technologies within the financial reach of poorer countries, is at a near-collapse.
Worse, the logic of carbon-credit trading — that it’s a cheap way emission reduction — is under scrutiny. Many claim it has resulted in private players gaining funds, doing little………………………………………..Full Article: Source


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