Carbon Trading: Environmental Godsend or Giant Shell Game?

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 »

Posted by Dwight Rousu

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George Blahusiak
1.7
by George Blahusiak - Dec. 5, 2008

Doesn't address the problem, how will it actually reduce emissions. Because they cost more? All that will do is add to inflation.

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