HOW DID THE VIP COMMEND IT
President Barack Obama:
"To truly transform our economy, protect our security and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy"
Louis Redshaw, Barclays Capital:
"Carbon will be the world's biggest commodity market & it could become the world's biggest market overall"
CFCT Commissioner:
"Carbon trading may dwarf that of crude oil within 5 years - worth 2 trillion"
President Barack Obama:
"There is no better potential driver that pervades all aspects of our economy than a new energy economy... That's going to be my No. 1 priority when I get into office"
Fortune:
"JPMorgan isn't alone. All the big global investment banks including Barclay's, Citigroup, Goldman Sachs and Merrill Lynch are hurrying into carbon finance"
Chris Leeds, Head of Emissions Trading, Merrill Lynch, London:
"Carbon could become one of the fastest growing markets ever, with volumes comparable to credit derivatives inside of a decade"
Barclays PLC:
"United Nations Carbon Credit prices may rise as much as 42% by 2012"
New York Times:
"Carbon Trading is one of the fastest growing specialities in Financial Services."
