BEYOND carbon markets

Reyes, Oscar; Gilbertson, Tamra
June 2009
UN Chronicle;2009, Vol. 46 Issue 3/4, p46
The article discusses carbon trading, which aims to make it cheaper for companies and governments to comply with emissions reduction targets. The authors mention that the Clean Development Mechanism (CDM) is the largest carbon trading mechanism, which boasts about 1,800 registered projects as of September 2009. They reveal that the credits produced by approved schemes could reach over 55 billion U.S. dollars by 2012.


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