| Economic Times: You have figured out commodities that can be grown, mined, touched. In 2007, step on the gas and trade in dirty air. Carbon dioxide is the new kid on the block. What you need to remember is that when people trade in CO2, they are simply selling the right to emit CO2. Sellers expect their factories to emit less CO2 than they are allowed. So they can sell that unused right to emit to someone who emits more than their allocated amount. But the big picture first. Carbon market took birth ... |
