Global Cap and Trade Market Bigger Than Expected

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Carbon Tree DioxideThere’s no doubt that the greenhouse gas “cap and trade” systems have a massive potential for financial growth in the near future, but a report from New Energy Finance puts those estimates in place and suggests that the global market may grow 80% this year, and put its dollar worth at $116 billion. Buying and selling carbon dioxide credits is a system that many political organizations are pushing for right now, including the European Union, many states in the Northeast United States, and the > Canadian Politics” data-lasso-id=”1028″>Conservative Party of Canada. However, much of these estimates hinge on the economy, and in its current state, no one can be certain where this market will be in a few months.

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    As the Co-founder and Editor-in-Chief of Greener Ideal, Ian has been a driving force in environmental journalism and sustainable lifestyle advocacy since 2008. With over a decade of dedicated involvement in environmental matters, Ian has established himself as a respected expert in the field. Under his leadership, Greener Ideal has consistently delivered independent news and insightful content that empowers readers to engage with and understand pressing environmental issues.

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