Carbon trading will survive the credit crunch

Companies have scaled back investments in carbon credit projects, but business leaders at a carbon trading conference remain upbeat about the industry's future.

Given the global economic downturn, one might expect participants at a carbon trading conference to be downbeat.

After all, an alarming 60% of respondents to a recent carbon market survey, all of whom work within companies with carbon trading operations, report having scaled back, delayed or cancelled investments in projects as a consequence of the slowdown. The survey was conducted by Point Carbon, a provider of market intelligence, news, analysis and advisory services, and the organisers of the Carbon Markets...

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