Asian emissions markets seen as step in right direction

Hopes that carbon emissions might one day emerge as the next major commodity market have been confounded by poor liquidity in Europe and the lack of a federal US cap-and-trade scheme. But developments in some Asian countries are giving traders more to cheer about, finds Tony Lin

china-buildings
IFC's Beloe: “International capital will have an important role to play in emissions trading in China”

The rapid growth that has made Asia the darling of global investors over the past decade has had an inevitable side effect: the continent is now the biggest source of pollution on the planet. According to the Global Carbon Project, China overtook the US as the world's largest producer of greenhouse gases in 2006 and now emits nearly twice the US volume of carbon. The gleaming city skylines symbolising China's economic rise are now regularly obscured by smog in what has been popularly labelled an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here