Carbon Trading Goes Local17 May 2011 | In Business & Finance | Bloomberg Markets Magazine May 2011 issue
Written by: Ben SillsLawmakers and investors agree that the dream of a global credit market is dead. Instead, entrepreneurs are turning to smaller solutions in the pursuit of profits.
Vibhav Nuwal was once an enthusiastic supporter of the global market. The 32-year-old Indian-born banker startet in September 2009 developing carbon credits to target investors in Europe and Japan for Mumbai-based private-equity fund Managing Emissions.
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