Climate Progress: An insider's view of climate science, politics, and solutions

The market for trading carbon emissions permits is exploding:

Global carbon market traded volumes were worth less than $1 billion in 2004, $11 billion in 2005 and over $30 billion last year, according to the World Bank.

On top of that comes a growing number of investments in green projects:

Citigroup Inc. said this month it was committing $50 billion to environmental projects over the next decade, hot on the heels of a similar, $20 billion plan announced by Bank of America.

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This entry was posted by Joe on Saturday, June 2nd, 2007 at 1:02 pm and is filed under Solutions. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.