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Carbon trading revenues to increase tenfold

Posted on 22 December 2008

From Efinancialnews.com: Banks’ revenues from carbon emissions trading could see a tenfold jump to the €3bn ($4.3bn) to €5bn range by 2020, while the market may grow to $2 trillion over the same period, according to two reports on the sector.

However, the incoming Obama administration will have to pave the way for “cap-and-trade” in the US via regulatory reforms….. Full Article: Source


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VRS - who has written 36706 posts on Opalesque Commodities Briefing.


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