The Carbon Market
As a consequence of the Kyoto Protocol, the Carbon Trading market is already large and is growing rapidly. It comprises:
- the Compliance Market (whereby large corporations trade large amounts of carbon credits in order to meet government imposed carbon emission limits), and
- the Voluntary Markets (which covers all trade not imposed by regulation)
There is now beginning to be considerable demand for personal carbon trading. This demand is being driven by:
- Individual’s interests in making their own lives carbon neutral, and
- Corporate desire to market their own green credentials to their customers in a tangible and measurable way