Prediction: $1 Trillion U.S. Carbon Market By 2020

How big will a US Carbon Market be? Well New Carbon Finance research economists have taken the first crack at the estimation. According to their initial prediction;
The U.S. will be home to a $1 trillion carbon emission market by 2020 if federal and state policymakers continue on their current path towards a cap-and-trade program that is confined to domestic trading only...
The researchers predict that in 12 years a carbon-constrained U.S. economy that includes a cap-and-trade system allowing only domestic trades will produce:
The reproduced chart says a thousand words !!
Comments
Post a Comment