Market speculation

The hype versus the reality of carbon markets and land-based offsets: Lessons for the new Africa carbon exchange

Minneapolis, April 21, 2011 — The Africa Carbon Exchange (ACX) was launched in Nairobi on March 24; yet only two days before, Bloomberg headlines announced “Global Carbon Credits Die as Smart Money Backs Indian RECs (Renewable Energy Certificates).”1 While the ACX is positioning itself to be the