Some people have good reason to be shocked that banks have pulled out of the carbon market, not least recent economics graduates whose dissertations on carbon finance now qualify them only for unemployment. And JP Morgan, which paid a jaw-splitting $204m for carbon trader Ecosecurities last September, must be feeling a little sore. Perhaps it relied on the GHG Emissions Credit Trading report (yours for a mere $397), which predicts a $4.5 trillion carbon market by 2020.
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on Jan 31st, 2010
@ 6:20 pm:
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