Deloitte Forensic calls it “the white collar crime of the future.” Kroll, a business risk subsidiary of Marsh & McLennan, the global professional services firm, calls it “a fraudster’s dream come true.”
These two global financial services firms are referring to carbon trading markets, a business that is estimated to explode from $132-billion in 2009, mostly in the European Union, to $3-trillion by 2020 as jurisdictions around the world join in carbon trading, part of the “cap and trade” system that governments are embracing.
Read more: http://network.nationalpost.com/np/blogs/fpcomment/archive/2010/01/13/the-next-big-scam-carbon-dioxide.aspx#ixzz0cd1e4w9c
