EU Emissions Trading Scheme (ETS) (2005-) carbon finance boom
November 13, 2006
Carbon dioxide (CO2), mainly emitted by burning fossil fuels (coal, oil, etc) is the most widely produced greenhouse gas. Carbon credit finance, Kyoto: Clean Development Mechanism (CDM) is now a hotly traded commodity. Buy a forest and earn points. Read more in White’s “Carbon Finance: The Financial Implications of Climate Change” (2006).