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Carbon trading is booming in North America, no thanks to U.S. or Canadian governments

Posted on 06 January 2014

In most of the carbon-trading world, it has been getting cheaper in recent years to buy the rights to pollute the atmosphere with climate-changing carbon dioxide.
That’s largely because recession-afflicted Europe is awash with too many carbon allowances for its trading scheme to have any real bite, and because demand for U.N.-issued allowances has crashed along with hopes of a meaningful international climate agreement to replace the Kyoto Protocol.But in a bleak year for carbon markets, North America was a rising star………………………………………..Full Article: Source


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