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| | Features Item : Placing Value on Carbon (Site not responding. Last check: 2007-10-13) |
 | | Estimates for the global carbon trading market range from $10-$200 billion annually depending on the ratification of the Kyoto Protocol, the number of countries participating in the regime, and the extent to which countries can rely on the mechanisms to meet their targets. |
 | | The strength of the regulatory regime (both domestically and internationally), the transaction costs associated with project development, and quantity of excess emissions in the system will also significantly impact the value of a ton of carbon. |
 | | It is the unit (probably measured as a metric ton of carbon equivalent) of emissions reduced, avoided, or sequestered from a CDM project and that has been certified by a formal body. |
| www.energyusernews.com /CDA/ArticleInformation/features/BNP__Features__Item/0,2584,17287,00.html (3255 words) |
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