CARBON TRADING GROWTH PREDICTED, DESPITE MODEST MONTREAL OUTCOME

Although recent international negotiations in Montreal over the future of greenhouse gas reductions produced only a modest agreement on how to proceed with climate change actions, markets for trading carbon reduction credits are growing and will continue to strengthen in the coming years, according to a number of experts, who cite continuing momentum among states as a sign that emissions trading can be attractive to both regulators and businesses. Expectations for bigger carbon markets were given a boost by the...