Carbofinance

The carbon market showed a remarkable growth spurt in the first quarter of this year, with trading volumes up 37 per cent, new data show. Trading was driven by price volatility and companies selling carbon permits to raise short-term cash.

...market makes mega-pollution cheap

Europe's system to edge up the cost of emissions and boost green energy has backfired. There isn't much time to rescue it

There is a new wave of entrepreneurs aiming to get rich by 
saving the rainforests. Richard Lofthouse reports

Ever wanted to get rich by doing absolutely nothing? In a bizarre way that’s what a bunch of new entrepreneurs and large corporations are trying to do. The formula is ridiculously simple: buy up or lease a tract of rainforest, prop up a deckchair and watch it grow. Put a financial price on its mere existence and sell a range of ‘products’ – called ecosystem services – to polluters. If trees could hear, they’d be setting up trade unions.