| 13.01.2009 - Carbon trading can fetch Gulf $5bln annually |
| From Business24-7.ae: The global carbon market is currently growing rapidly. Trading volume in the first half of 2008 at $59 billion (Dh217bn) reached the levels for all of 2007 at $63bn. This growth is predominantly attributable to the European Union Emissions Trading Scheme (EUETS) and to increasing interest in global Kyoto credits from the Clean Development Mechanism (CDM) and Joint Implementation (JI)..... Full Article: Source |