Opportunity - Carbon Market Growth
The carbon markets are growing rapidly. With more than $142 billion traded in 2010, the overall carbon market continued to grow as it has done from its inception in 2004 when the total value traded was less than US$1 billion, reaching a total value transacted of about US$142 billion at the end of the 2010 and an estimated further US$10 billion in unrecorded purchases by business and individuals buying credits purely for personal investment and offsetting, taking the real figure to over US$150 billion.
The Carbon Credit Market increased its market size in less than 7 years by a factor of x 142 according to The World Bank.
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Demand for offsets may soar to 1,200 million metric tons by 2020, eight times that of last year, according to an annual report
published June 2011 by Ecosystems Marketplace and Bloomberg New Energy Finance.
- With the entry of new countries into the global market place there is a forecast shortfall in the market in terms of the volume of credits available to buy from as early as 2015, with the USA market alone forecasting a price of $40 USD per tonne and Australia setting a floor price of $24 AUD per tonne.
Carbon Capital "because nature doesn't do bail outs"
I believe the best way to control greenhouse gasses is through legislation that places a market-based
cap on emissions. By setting a market-based cap you create a commodity which places a value on a limited
resource.