Carbon Trading Rising to the Top

While most are pulling out of the stock trading market, others have predicted the next big thing: carbon trading. Macquarie Capital Funds Director Andrew Johnstone said that many believed it was possible that a carbon central bank would eventually be set up, especially if his predictions are true about carbon trading valuing at $500 billion a year.

 

Currently, the biggest downfall of renewable energy is the price, which is sometimes more expensive than thermal energy. And while cogeneration will not be sufficient to tackle South Africa’s current energy needs, it would place the country in a better position for future growth.

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