Hedge funds see potential in European carbon markets

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European carbon markets have been in the news recently. In January much activity in the €90 billion ($122 billion) carbon market was frozen temporarily because of computer hacking.

Traders, who say the markets are rich with opportunity, volatility and a growing turnover, were frustrated when the European commission halted trading by suspending the national registries for emissions permits.

The permits, which are bought and sold, put a price on industrial pollution. National registries recording th