Further contraction of carbon market leads to backloading approval

摘要

Global carbon markets traded a total of ?38bn worth of allowances and credits in 2013, a 38% decrease from the ?62bn in 2012, according to figures from Thomson Reuters Point Carbon. The figures show that the decline is centred in Europe, with markets in the US and China growing and showing progress respectively. However, in terms of market volume, Europe is still the clear leader.