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  • Published: Jun 29th, 2009
  • Category: Global
  • Comments: 1

Green carbon trade market could mean billions for telecom, IT


| Sourced From Telephonyonline.com |

Telecom and IT companies are well-positioned to tap the potentially $700-billion market for lowering carbon dioxide emissions, according to Bill St. Arnaud, chief research officer at CANARIE, the Canadian research house.

The US House of Representatives may vote as early as today on the Waxman-Markey environmental bill that would create a cap-and-trade market for carbon emissions, forcing companies who put out too much CO2 to pay for green initiatives that offset their pollution.

Today much of those offsetting initiatives are focused on planting trees and reducing methane in garbage dumps. But those offset dollars could go to telecom and IT, Arnaud said in an interview you can listen to in its entirety here.

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One Response to “Green carbon trade market could mean billions for telecom, IT”


  1. Green carbon trade market could mean billions for telecom, IT … | Pro in Telecto
    on Jun 30th, 2009
    @ 2:14 am

    […] Read more here: Green carbon trade market could mean billions for telecom, IT … […]

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