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Carbon trading has the ability to become largest commodity says Chilton

by Colin Packham, Sydney

Carbon trading has the potential to become the largest commodity in terms of trading volume, according to Bart Chilton, commissioner at Commodities Futures Trading Commission.

“The potential size and scope of a structured carbon emissions market in the US is unequivocally vast. It is certainly possible that the emissions markets could overtake all other commodity markets at some point down the road,” Chilton said, while speaking at carbon trading conference in New York....

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