Article
Carbon: Under Kyoto, A Hot Commodity
As the Kyoto Protocol comes into force this month, carbon is becoming one of the hottest commodities on the international marketplace, with investors predicting that it could soon become one of the largest markets in the world...Critics charge that carbon trading is a smokescreen... At worst, it may make the warming climate even less stable, while robbing the poor of their rights...The Katoomba Group...promotes carbon markets...its membership [includes] banks such as Citigroup, ABN Amro, and the World Bank, corporations such as Coca-Cola, Mitsubishi, and Newmont Mining... [also refers to Plantar]