Greenhouse gas emissions trading future deemed robust

The emerging greenhouse gas (GHG) emissions market is anticipated to have a robust future, with participants expecting prices to average slightly more than $5/tonne of CO2 equivalent (CO2e) until 2005, before the Kyoto Protocol on Climate Change-yet to be ratified by all countries-takes full effect. Prices are expected to reach an average of $11/tonne of CO2e by 2010, once the protocol is initiated.This was one of the findings in a recent analysis released by emissions broker Natsource LLC, New York. Natsource conducted the survey along with Ottawa, Ont.-based Global Change Strategies International Inc. (GCSI), which Natsource agreed to acquire in June.Natsource and GCSI polled 35 market ...

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