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[8 Dec 2009 | No Comment | 4,625 views]
Carbon Credits and Carbon Trading – The New Financial Weapons of Mass Destruction Carbon credits are poised to become a huge industry. The underpinnings of these new derivatives are badly flawed and virtually impossible to audit. Who will the beneficiaries of carbon credits really be? As it stands now, some major investors, traders, and financial institutions are poised to make huge profits with very little long run benefit to the environment.