Submitted by EnergyTechStocks.com

Merrill Lynch just launched a full-service carbon offset business. www.climatebiz.com

“Our view is that the carbon market, now worth $70 billion, has demonstrated that it provides the most cost-effective approach for companies to reduce and offset their emission of greenhouse gasses,” Merrill said.

Those who want to tax carbon emissions might disagree, but what’s clear is that Merrill expects to make a lot of money in the coming carbon-constrained world.

Until tomorrow.