| Sourced From PR-inside.com |
The upturn in the global economy is pushing the carbon credit market higher too.
Experts are saying that with the upturn in global financial markets, the carbon trading industry too, is moving into more positive territory, Financial Soultions understands.
Over the last year, carbon projects have felt the crunch as financials tightened investment into the market due to the global credit crisis, with the result that carbon prices dropped almost 75% in the eight months going into February this year.
The main vehicle for trading carbon credits under the Kyoto Protocol is clean development mechanism (CDM) projects, aimed at global emission reduction.
The vice president of a business consulting firm Koelnmesse, Mr. Michael Dreyer recently said
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