The truth about carbon trading

After a debate at FinanceAsia over carbon trading, we turn to an expert to ask these key questions: Is this a bubble that has burst? And will the world reach a climate agreement in Copenhagen this year?

We talk to London-based Chris Leeds, head of environmental markets sales at Barclays Capital, about carbon trading.

How hopeful are you about the world reaching a climate agreement in Copenhagen
The chances are evenly balanced at the moment. There appears to be a lot of goodwill and a desire to reach an agreement, but the global economy and national politics are going to have a significant impact on the negotiations. The main issues seem to be pressure from developing nations...

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