CO 2 price to almost double by 2010

The price for carbon dioxide equivalent – the basic trading instrument in the greenhouse gas (GHG) emissions market – will rise from below $5 a tonne in 2005 to $9/tonne in 2010. So says a study* conducted by New York-based broker Natsource for regulator Environment Canada. The study was based on interviews with 35 firms in Canada, US, Japan, the European Union and Russia.

But Dirk Forrister, managing director of strategic services at Natsource in Boulder, Colorado, says that until t