Morgan Stanley offers carbon neutral service

The Morgan Stanley Carbon Bank provides carbon verification and offsetting services that are billed as living up to regulated market standards.

Carbon trading is the latest rage, but like any other hot commodity, banks are beginning to corner the experts in the market.

ôThe carbon market is quite young,ö says Olivia Hartridge, the key architect of the Morgan Stanley Carbon Bank, a service the bank unveiled last week that is designed to assist clients who are seeking to become carbon neutral. ôBut the guys on our carbon trading team are practically ancient compared to others in the market.ö

Hartridge is referring...

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