Likelihood of Carbon Trading Increasing

If you believe in - where the big boys of Wall Street invest is an indicator as to what the expectation of future growth is - then the likelihood of Carbon Trading has got another yeah. Goldman Sachs announced $14 million investment in APX, a Silicon Valley company that certifies carbon and emissions offset certificates. Read here. It seems like APX will act as middleman which may grow into a NYMEX or another futures type trading market as the emissions trading takes off. It has also got funding from Bechtel Enterprises Holdings, Kinetic Ventures, ONSET Ventures, Technology Partners and Woodside Fund. The space is very small as it is still in infancy. But when cap and trade takes off, there seems to be immense opportunity.