19.12.2008 - Report says global carbon trading needs better infrastructure
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