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Carbon market surges 84% in 2008

› Posted February 15, 2009, by Rhett A. Butler, mongabay.com

Chart showing growth in the global carbon market

The value of the global carbon market surged 84 percent to $118 billion in 2008 despite the worldwide financial crisis, reports New Carbon Finance.

Data from the market research firm shows that transaction volume for carbon dioxide emissions allowances reached four billion tons....

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