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Published online 3 October 2007 | Nature 449, 522-523 (2007) | doi:10.1038/449522a

News: Business

The carbon cycle ride

Carbon offset schemes in developing countries may be finding their feet after a rocky start, as Paroma Basu reports.

India's blooming carbon market has emerged as the hottest destination for companies in the industrialized world seeking to do their bit in the fight against global warming.

But as one of the first nations to move aggressively into carbon trading, India has also been the first to collide with the teething troubles of the fledgling market.

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  • the following sentence is clearly mistaken. "India is home to 282 of the world's 803 registered carbon-trading projects, according to the United Nations — more than China (116) and India (108) combined."

    • 05 Oct, 2007
    • Posted by: Michael Gillenwater
  • the following sentence is clearly mistaken. "India is home to 282 of the world's 803 registered carbon-trading projects, according to the United Nations — more than China (116) and India (108) combined."

    • 05 Oct, 2007
    • Posted by: Michael Gillenwater
  • Indeed, you're right. It should read "India is home to 282 of the world's 803 registered carbon-trading projects, according to the United Nations -- more than China(116)and Brazil(108)combined." Apologies.

    • 09 Oct, 2007
    • Posted by: Oliver Morton