Sep 9, 2006
Biggest nuggets taken in global carbon rush
Reuters: A business fix to save the planet, where rich world polluters pay the developing world to cut greenhouse gas emissions on their behalf, is drawing breath after hovering up its biggest money-spinning deals. The trading idea relies on heavily polluting companies in poor countries being able to achieve more dramatic pollution cuts more cheaply than industry in the developed world. It started some four years ago but took off last year after two key events -- the newly ratified ...