Global Carbon Trading Volumes Grew 68% in 2009


Environmental Leader, January 08, 2010

The global carbon trading market grew 68 percent last year compared with the previous year, despite a global economic downturn. But the value of the market remained virtually unchanged after carbon prices fell, averaging $16.40 in 2009.
That’s down from $27.15 in 2008, according to a new report from Point Carbon, reports the New York Times. The report shows the global carbon market reached $136 billion in 2009, up from $133 billion in 2008, and $58 billion in 2007, reports the New York Times. Read more...

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