India 2nd largest seller of carbon credits globally

by wunder | May 19, 2008 at 04:14 am | 379 views | 3 comments

India has emerged as the secondlargest seller of carbon credits in the global market with six per centshare in 2007, while China tops the list with a huge 73 per cent, aWorld Bank report said.

"Indiaand Brazil, at 6 per cent market share each, transacted the highestvolumes after China in 2007," said the report 'State and trends of thecarbon market 2008'.

Certified emission reduction (CER), that are traded on the global climate exchanges, are car
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India 2nd largest seller of carbon credits globally

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Sanjay Jha

at 05:02 on May 20th, 2008

good stuff:

wunder, I like this story. It's good stuff.

Drew Bulman

at 09:37 on May 20th, 2008

Good story, but maybe translate it for those of us not completely familiar with carbon credit bureaucratic language and implications? I'm just putting on my editor hat, but reading this story, my ignorance as a reader has me thinking "so what?"