Verified Carbon Market
The VER market accommodates all companies and industries not forced to comply with fixed reduction quotas as seen in the compliance market. In this market, VERs are traded ‘Over-The-Counter’ (OTC). Demand in the VER market is fast growing. For example in 2010, 131 million metric tonnes of CO2 were transacted, a 34% increase on 2009, according to Bloomberg.
Read more about this topic: Carbon Credit
Famous quotes containing the words verified and/or market:
“In the course of a life devoted less to living than to reading, I have verified many times that literary intentions and theories are nothing more than stimuli and that the final work usually ignores or even contradicts them.”
—Jorge Luis Borges (1899–1986)
“... married women work and neglect their children because the duties of the homemaker become so depreciated that women feel compelled to take a job in order to hold the respect of the community. It is one thing if women work, as many of them must, to help support the family. It is quite another thing—it is destructive of woman’s freedom—if society forces her out of the home and into the labor market in order that she may respect herself and gain the respect of others.”
—Agnes E. Meyer (1887–1970)