Monday, September 06, 2010

Carbon Market Won’t Have U.S. Cap and Trade This Decade: HSBC - Bloomberg
The global market for low-carbon energy and efficiency projects probably won’t benefit from a U.S. cap-and-trade program this decade, HSBC Holdings Plc said.

A U.S. greenhouse-gas trading program may not encourage low-emitting technology until after 2020, Nick Robins, an HSBC analyst, said today in an interview in London. That’s according to a “conviction scenario” for global new energy investment set out today in an e-mailed research note from the London bank.

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