Friday, March 16, 2007
Singapore to tap into multi-billion dollar carbon trading market
Singapore to tap into multi-billion dollar carbon trading market
Singapore aims to be a key player in trading unused greenhouse gas quotas, estimated to be worth at least US$25 billion last year.
Under the Kyoto international agreement to reduce harmful emissions by 2012, some countries can buy extra greenhouse gas allowances from developing countries under a scheme called Clean Development Mechanism credits, or CDM.
Read more from this Yahoo news report, Jan 2007
Singapore aims to be a key player in trading unused greenhouse gas quotas, estimated to be worth at least US$25 billion last year.
Under the Kyoto international agreement to reduce harmful emissions by 2012, some countries can buy extra greenhouse gas allowances from developing countries under a scheme called Clean Development Mechanism credits, or CDM.
Read more from this Yahoo news report, Jan 2007
Labels: environment
PermaLink - Singapore to tap into multi-billion dollar carbon trading market posted by Ecacofonix : 9:23 AM
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