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Commodities Briefing - Categorized | Environmental Trading, Market Moves more

Carbon price to plummet, warns Carbon Trust

Posted on 11 December 2008

From Businessgreen.com: The high uptake in developing countries of projects which gain funding through carbon trading schemes will flood the market with credits in 2009 leading to a collapse in the price of carbon credits, according to a report out today by the Carbon Trust.

Initiatives such as the Clean Development Mechanism (CDM) and Joint Implementation (JI) were set up by the Kyoto protocol to allow developed countries to buy in carbon credits to meet emissions targets from emission reduction projects in developing countries….. Full Article: Source


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