World carbon market could be worth $150 billion this year
16 Jan 2009
Despite the slumping economy, the value of the worldwide carbon market soared 84 per cent in 2008 to reach $118 billion, and could reach $150 billion this year.
Some 4 billion tonnes worth of carbon allowances changed hands last year, a 42 per cent increase over 2007, research firm New Carbon Finance found.
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