The case for carbon markets is stronger than ever at a time when accepted business models are being increasingly challenged and public pressure for more action on climate change is growing. This book documents the growing trend among nations towards the use of emissions trading in managing greenhouse gases. Written in comprehensible language, with full explanations of technical terms, it looks at the science of climate change, the theory of emissions trading and examines how carbon markets operate in individual countries and regions.

Currently dominated by countries of the North, the burgeoning market is expected to expand rapidly over the next few years in the new carbon-constrained world. The authors warn that companies and countries that remain outside the system are likely to leave themselves increasingly exposed to risk as consumers and government push for the cost of carbon to be accounted for. One prospect increasingly talked about is that of environmental protectionism, with border tariffs for those who fail to take stock of their emissions.

Carbon Markets: An International Business Guide
By A Brohe, N Eyre & N Howarth
Earthscan, 2009. 340 pp.
ISBN 978 1 844 07727 4
GBP29.95 - €35
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