*RIO DE JANEIRO, Brazil (AP) * -- Brazil's largest city sold millions
of dollars worth of carbon credits at an auction Wednesday in a deal
that experts said paves the way for developing countries to make money
fighting global warming.
Brazil's Mercantile and Futures Exchange called Sao Paulo's sale of
$18.5 million in carbon credits to Dutch-Belgian Fortis Bank the first
such sale to be held on a regulated stock market and a significant step
toward institutionalizing the carbon market.
Ph.D. Student – Interdisciplinary Ecology
Rm. 3, Bldg 182, Mowry Rd, PO Box 110831
University of Florida
Gainesville, Fl 32611-0831
Phone (o): 352-846-3054
Phone (c): 352-246-6239
Email: [log in to unmask]
Bioenergy and Sustainable Technology Society at the University of Florida: