Thomson Reuters to buy Norway's Point Carbon | Reuters
Point Carbon (www.pointcarbon.com/) provides analysis and news about the carbon, oil, gas and other energy markets to banks, traders, portfolio managers, companies and governments, Thomson Reuters said.
The purchase price was not disclosed.
The agreement to buy Point Carbon comes as public concern about global warming and rising energy consumption grows and investors seek opportunities to make money from these trends.
Last year, Thomson Reuters rival Bloomberg LP bought New Energy Finance, a company that provides similar services.
One of the more popular ways to trade in the energy sector with an eye on the environment is through carbon markets, where investors buy and sell "carbon credits."
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