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July 4th, 2011
Carbon Credits Could Run Out of Steam

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The EU ‘green’ market has taken a battering recently after consistently performing well over the previous five years to become a $142bn entity. It has been accessed by Gulf industries seeking funds to invest in projects designed to cut greenhouse gas emissions, writes Farah Halime. EU carbon prices have fallen to their lowest point in more than two years amid speculation the world’s largest market for green credits faces an existential threat. Read More