Analysis: Climate impasse could kill carbon offset investment | Reuters
(Reuters) - The failure of U.N. climate talks to clarify the future of the Kyoto Protocol and its market-based mechanisms could dry up investment in the carbon offset market, possibly threatening prices that are already trading near record lows.
...
But some investors in emissions offsets say the best way to rescue the market is to move away from the protocol.
"If the major aim of Kyoto was to reduce global emissions, then it obviously has taken us in the wrong direction," said Russel Mills, global director for energy and climate policy at Dow Chemical Co.
Posts
No comments:
Post a Comment