Global Climate Change Digest: Main Page | Introduction | Archives | Calendar | Copy Policy | Abbreviations | Guide to Publishers

GCRIO Home ->arrow Library ->arrow Archives of the Global Climate Change Digest ->arrow June 1999 ->arrow Trexler on Trading Search

U.S. Global Change Research Information Office logo and link to home

Last Updated:
February 28, 2007

GCRIO Program Overview



Our extensive collection of documents.


Get Acrobat Reader

Privacy Policy

Global Climate Change DigestArchives of the
Global Climate Change Digest

A Guide to Information on Greenhouse Gases and Ozone Depletion
Published July 1988 through June 1999

Trexler on Trading (JUNE 1999)

Item #d99jun43

On Mar. 24, 1999, at the Australian Financial Review’s Second Australian Emissions Trading Industry Forum, Mark Trexler said that the global market for greenhouse gases could be worth $40 to 100 billion a year. The market consists of trades in emissions of greenhouse gases measured in units of equivalent tons of carbon dioxide. A range of greenhouse products are offered on the current market, but their quality varies widely; the true value of the commodities needs to be standardized. Costs and prices are often confused on the market today, and Trexler predicted that “economic rent” for greenhouse-reduction capabilities would be sought by offerors, establishing a market-clearing price. He also said that resolution of the early-action issue was crucial to the advance and development of emissions-trading markets.

  • Guide to Publishers
  • Index of Abbreviations

  • Hosted by U.S. Global Change Research Information Office. Copyright by Center for Environmental Information, Inc. For more information contact U.S. Global Change Research Information Office, Suite 250, 1717 Pennsylvania Ave, NW, Washington, DC 20006. Tel: +1 202 223 6262. Fax: +1 202 223 3065. Email: Web: Webmaster:
    U.S. Climate Change Technology Program Intranet Logo and link to Home