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- Title
Market takes a gamble on carbon futures.
- Authors
Marris, Emma
- Abstract
The article reports on the developments of the global carbon market. Figures disclosed by the carbon market consultants at Point Carbon stated that around 1.2 gigatonnes of carbon costing 15.8 billion Euros were merchandised mainly on the European Union (EU) Emission Trading Scheme. Meanwhile, experts also stated that other U.S. market of northeastern states have been planning to venture initial allowances which will be deliberated by the EU market. Information regarding the trading on emissions allowances is also discussed.
- Subjects
NORTHEASTERN States; CARBON; POINT Carbon AS; MARKETING consultants; EMISSIONS trading; AIR pollution; EUROPEAN Union; CONTRACTORS; EURO; COST accounting
- Publication
Nature, 2007, Vol 448, Issue 7157, p974
- ISSN
0028-0836
- Publication type
Article
- DOI
10.1038/448974b