The Carbon Brokers
by Pratap Chatterjee CorpWatch.org
Feb. 18, 2005
Excellent overview - Ed.
Traders are gearing up for a new futures market. These carbon exchanges promise billions in potential profit, but will they save the planet?
The global carbon market is still busy inventing itself, but there is already an enormous amount of money in motion and it pays to get your bearings fast.
Here are three fine learning curve accelerators from Point Carbon, a leading source of analysis, news, and market info on emerging carbon markets.
www.co2e.com
- Slightly overbills itself as "the global hub of carbon commerce" but offers would-be players a useful entry map to the carbon trading cycle.
The Chicago Climate Exchange
- Still largely dysfunctional and deceptively priced because US credits have little trading value until Kyoto is US ratified.