| From Financial News: The US market for carbon trading is likely to grow to three times the size of its European equivalent, which accounts for more than 99% of the global total, according to the head of a company operating carbon markets in both regions. Neil Eckert, chief executive of London-based Climate Exchange, said: "We are convinced the US will introduce a mandatory carbon emissions system after the next election and that the US carbon market will grow to three times the size of that in Europe."
Climate Exchange operates the European Climate Exchange, which trades compliance permits under the European Union's Emissions Trading Scheme, and the Chicago Climate Exchange, which trades unregulated voluntary emissions reduction credits..... Full Article: Source
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