Category: Warming Skeptics Written by: admin on Nov 29, 2009 21:11 Comments: None Tags: , , , ,

Carbon trading could be worth twice that of oil in next decade

The carbon market could become double the size of the vast oil market, according to the new breed of City players who trade greenhouse gas emissions through the EU's emissions trading scheme. The ETS market may see $3tn (£1.8tn) worth of transactions a year in the next decade or two,…

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