Carbon Trading: Environmental Godsend or Giant Shell Game?

Discover Magazine by Jennifer Barone | Dec. 4, 2008 (Special Report)

Mainstream financial institutions including Merrill Lynch, J.P. Morgan, Deutsche Bank, and Goldman Sachs are joining the booming carbon market, which continues even through the current economic jitters. According to the World Bank, global trades in this market in 2007 were valued at more than $64 billion, more than doubling since 2006. Full Story »

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4.2

by Margarita Persico - Dec. 5, 2008

This is a well-researched and concise article explaining the business of carbon trading. The context is clear and the message full of references. As a reader, I felt I could trust this article to a reasonable degree.

This “business” unmonitored sounds like another trading business, and that is perhaps why Josh Margolis the co CEO of CantorCO2e along with Merrill Lynch, J.P. Morgan, Deutsche Bank, and Goldman Sachs are still trading carbon.

Meanwhile, the carbon market keeps whirring, and Margolis keeps brokering—or, as he likes to put it, “making the world a better place, one deal at a time.”