| Global volume of carbon credits shrinks but ‘boom time’ in California, Quebec and northwest US sees overall value jump 9%. The world’s carbon markets are still alive, contrary to many reports. New data from the team at Thomson Reuters Point Carbon shows they increased in value to €48.4 billion ($52.8 bn) over 2015, a leap of 9%.
The rise is mainly down to higher prices, says Point Carbon, with North America markets rising 121% in volume and 220% in value...............................................Full Article: Source |