Agriculture contributes more to total global greenhouse-gas emissions than the entire world transportation sector, according to a United Nations-sponsored panel. To Eric Rey, that sounds like the makings of a business plan....MORE
Lots of carbon market info. And a slideshow!!
Entrepreneurs around the globe are racing to feed the $30 billion market for carbon credits, which big Western companies are snapping up to help them meet emission reductions mandated by the Kyoto protocol. A growing number of businessmen see huge potential in tapping into agriculture -- the No. 4 producer of global warming gases.One entrepreneur from California is focusing on rice in China -- the biggest crop of the biggest country -- in hopes there's a fortune to be made.