Carbon trade grew 68% last year, but prices fell sharply

The amount of carbon dioxide equivalent traded in 2009 grew 68%, to 8.2 billion metric tons, compared with the previous year, but the market's value plunged 40%, to $135 billion, according to carbon-market research company Point Carbon. The global carbon market is led by Europe, as the U.S. has not created a nationwide program to reduce emissions.

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