Climate Home: The worlds carbon markets are still alive, contrary to many reports.
New data from the team at Thomson Reuters Point Carbon shows they increased in value to EUR48.4 billion ($52.8 bn) over 2015, a leap of 9%.
The rise is mainly down to higher prices, says Point Carbon, with North America markets rising 121% in volume and 220% in value.
"North American carbon trading grew rapidly in 2015, when market volume increased from 472 Mt to 1,042 Mt (up 121 percent), and value increased by a full...