May 18, 2008

Point Carbon Launches Database Of North American Carbon Projects

Point Carbon introduced Carbon Project Manager North America (CPMNA) — which it describes as the first web-based, analytical tool for understanding carbon market fundamentals in the U.S. and Canada.

PointCarbon said entrepreneurs, traders, fund managers, project developers, government regulators and small businesses will find the searchable, online tool a valuable resource because it “creates necessary transparency and credibility in the marketplace.”

Point Carbon, which provides news, analysis and consulting services for European and global power, gas and carbon markets, predicted in February that the global carbon market would see 4.2 billion tons carbon emissions transacted during 2008 — a 56 percent increase from last year — making the market worth $92 billion.

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