I think China will become the most powerful country in coming years, as the US and its alliances are experiencing slow-down economic rate and debt-crisis.

The powerful country roles as trend setter in world economic movement, including in carbon trade. Environmental commodities such carbon, are important measures of world action to reduce climate change effects.

A global conference on carbon trade was held in Beijing in April 1-2, 2009.  China Carbon Trade Summit 2009 responses the emerging global market of carbon trading. Reports says estimation of  global carbon trading market size will reach US$150 billion by 2012. This market potentially reach US$ 3 trillion over the next 20 years. (more…)