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US boom boosts global carbon markets in 2015

2016-01-11 13:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The worlds carbon markets are still alive, contrary to many reports. New data from the team at Thomson Reuters Point Carbon shows they increased in value to EUR48.4 billion ($52.8 bn) over 2015, a leap of 9%. The rise is mainly down to higher prices, says Point Carbon, with North America markets rising 121% in volume and 220% in value. "North American carbon trading grew rapidly in 2015, when market volume increased from 472 Mt to 1,042 Mt (up 121 percent), and value increased by a full...

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