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Report says global carbon trading needs better infrastructure

Posted on 19 December 2008

From Eponline.com: The development of a successful global carbon trading market that delivers real and cost-efficient greenhouse gas emission reductions will require an improved market infrastructure.

The report issued Dec. 10 by The Bank of New York Mellon titled, “Towards a Common Carbon Currency: Exploring the Prospects for Integrated Global Carbon Markets.” finds that for a global carbon trading market to allocate capital to the lowest cost carbon reduction projects worldwide it must be based on standardization, liquidity, transparency, and predictability….. Full Article: Source


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