$1 trillion US carbon trading market predicted

New Carbon Finance predicts the US carbon trading market could be worth $1 trillion by 2020, with carbon trading for $45 a ton by then, extrapolating from plans in Congress now. It trades at $10-20 a ton now.

If those proposed plans allowed trading with foreign carbon markets, then the price might only be $30 a ton, saving U.S. consumers billions. American exceptionalism, yet again, is proven to be a bad idea.