The Telegraph – Jillian Ambrose
The political battle against the world’s rising greenhouse gas emissions has found an unexpected ally – in carbon pollution itself. By putting a price on carbon emissions, and harnessing the powers of market forces, the world’s burgeoning trade of carbon offset permits is gaining traction as a major weapon in the bid to keep global temperatures from rising.
The value of energy commodities including oil, gas and coal may have more than doubled in recent years, but it is the offspring of the fossil fuel industry which is emerging as the next generation commodity to watch.
Read the full article on The Telegraph website here, which quotes Mark Lewis, Carbon Tracker Head of Research.