U.S. Carbon Trading Goes Up in Smoke - BusinessWeek

Carbon jobs are dying, too: Last year JPMorgan Chase (JPM) acquired carbon brokerage EcoSecurities for $206 million. It has since cut staff and pulled out of projects. "There's not enough clarity to continue to be able to invest in the market robustly," EcoSecurities Chief Executive Officer Paul M. Kelly said at a conference in May.