30.10.2008 - Carbon market's future hangs in the balance
From Guardian: The future of global carbon markets is finely poised as recession threatens the political will to shoulder costs but New Zealand, Australia and Japan follow Europe with their own cap and trade schemes. Strong carbon markets depend on tough climate change goals, now under discussion in international talks to replace the Kyoto Protocol from 2013. Clear visibility is therefore limited to a four year horizon, in a market tipped to exceed $100 billion in 2008..... Full Article: Source