|
|
Article: Point Carbon: Global Carbon Market Up 83% on Previous Year
- Article from:
- Wireless News
- Article date:
- January 22, 2009
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
Wireless News
01-22-2009
Point Carbon: Global Carbon Market Up 83% on Previous Year
Type: News
The global carbon market in 2008 grew faster both in terms of volume and value than estimated. Overall, it saw 4.9 billion tonnes (gigatonnes or Gt) of carbon dioxide equivalent (CO2e) change hands, up 83 percent on 2007, according to a recent report -- Carbon Market Monitor -- released by Point Carbon.
Point Carbon is a provider of market intelligence, analysis, forecasting and advisory services for the energy and environmental markets.
"Even Point Carbon did not fully predict the extent of the dramatic expansion in global carbon trading. This overshoot of our original forecast is largely due ...