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Posted AT 3:29 AM EDT on 14/05/08

Global carbon market takes flight

From Wednesday's Globe and Mail

NEW YORK — Paul Ezekiel travels regularly from his Manhattan office to emerging markets like China and Brazil, prospecting for clean energy projects.Mr. Ezekiel's bank, Credit Suisse Group, finances more energy projects in the developing world than any other bank, but his far-flung trips bring something different to the table: His group provides financing based on a project's potential to reduce greenhouse gas emissions.

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