Cloudy outlook for carbon markets

Carbon market participants are downbeat on future expansion thanks to global politicians' failure to make any binding decisions in Copenhagen in December. Maybe it's time to rethink the United Nations' role in climate change management.

Not surprisingly, there's a gloomy outlook for any expansion in new carbon markets this year, thanks to policy uncertainty, according to respondents to a recent carbon market survey. However, confidence in existing market segments remains solid.

Between January 20 and February 4, Point Carbon, which is a provider of analysis and consulting services for global power, gas and carbon markets, conducted its fifth annual carbon market survey. Yesterday, the organisation released the results of the survey, which garnered 4,767 responses from 118 countries -- the highest number of respondents to date, making it arguably the most comprehensive overview of the international carbon market to date.

The ABCs of carbon trading start with the Kyoto...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222