“Carbon trading is now the fastest growing commodities market on earth. Since Kyoto signatories bought in to the cap and trade concept in 2005, there have been more than $300 billion worth of carbon transactions, prompting several investment banks, including Goldman Sachs and Barclays, to set up their own carbon trading desks,’ reports Mark Schapiro. He adds, “In this highly specialized new industry, perhaps a thousand people really understand how onsite measurement of CDM (Clean Development Mechanism) projects work, and there is a serious potential for conflicts of interest.” (1)
