Dec 082010
 

Carbon trading will be based on the ability to calculate carbon accurately. This, in turn, will be based on development and implementation of standards (e.g. ISO 14001). The maturity of Carbon Emissions Management Software (CEMS) will play a major role in the next 3 to 4 years in enabling carbon trading. Carbon will become a significant “currency” in its own right!

[Editor’s Note: This post is part of the annual “Cutter Predicts …” series, compiled at the Cutter Consortium website.]

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Bhuvan Unhelkar

Bhuvan Unhelkar is a Senior Consultant with Cutter Consortium's Business Technology & Digital Transformation Strategies practice. He has more than two decades of strategic as well as hands-on professional experience in the information and communication technologies (ICT) industry

Discussion

  One Response to “Carbon to become a Significant Currency”

  1. This is great! Thinking philosophically (with some humor), we’ve gone from trading tools and animals, to beads and trinkets, to precious stones and metals, to paper based on gold and silver reserves, to fiat money, to mythical money (credit cards and other future earnings based products), to carbon. I guess once you’ve burned everything else on the planet, carbon will be about all we have left.

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