Carbon Trading Markets
February 13th, 2009 • Related • Filed Under
In 2004 European Union has developed Carbon Trading market. Europe has got over 25 countries involved in the trade making it the globally the most dominant market in carbon trade. This also allows developing countries to earn credits because those credits are eligible and can be traded within Europe.
For example wind-farm in China apart from creating electricity can trade in carbon credits which can be sold in Europe. This obviously stimulates a lot of international trade. Europe is set to continue to improve their trading market.