Background Note | HBS Case Collection | September 2008 (Revised October 2009)

The Carbon Market

by Andre F. Perold, Forest L. Reinhardt and Mikell Hyman


The carbon market has emerged in response to concerns about global climate change. This note characterizes the market in 2008, describing each segment and how it operates.

Keywords: Non-Renewable Energy; Market Transactions; Environmental Sustainability; Weather and Climate Change;


Perold, Andre F., Forest L. Reinhardt, and Mikell Hyman. "The Carbon Market." Harvard Business School Background Note 209-064, September 2008. (Revised October 2009.)