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Cheap govt deals may undermine carbon market

Posted on 19 December 2008

From Guardian: Recession could fuel a scramble from rich nations to buy cheap emissions rights to help them meet climate targets under the Kyoto Protocol, analysts say.

That would displace trade in wider emissions permits and especially a market in carbon offsets which could be worth $25-30 billion to developing countries by 2012….. Full Article: Source


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VRS - who has written 40616 posts on Opalesque Commodities Briefing.


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