Clear Skies

The global carbon emissions markets, while still immature, are poised to take a much larger role in the global economy. The European market is already a viable and growing marketplace; looming Kyoto Protocol commitments mean countries around the world are looking to reduce their carbon footprint by trading carbon credits; and US lawmakers are preparing a bill to introduce a federal cap-and-trade scheme, which many hope will further boost emissions trading worldwide.

Volumes on the European Union