Greenhouse gas emissions trading future deemed robust. (General Interest).(Brief Article)(Statistical Data Included)

The emerging greenhouse gas (GHG) emissions market is anticipated to have a robust future, with participants expecting prices to average slightly more than $5/tonne of [CO.sub.2] equivalent ([CO.sub.2]e) until 2005, before the Kyoto Protocol on Climate Change--yet to be ratified by all countries--takes full effect. Prices are expected to reach an average of $11/tonne of [CO.sub.2]e by 2010, once the protocol is initiated.

This was one of the findings in a recent analysis released by emissions broker Natsource LLC, New York. Natsource conducted the survey along with Ottawa, Ont.-based Global Change Strategies International Inc. (GCSI), which Natsource agreed to acquire …