LONDON (Reuters) - Investors in a World Bank-backed carbon offset project in China may make a small loss in 2013, after a European Union ban, but could still net more than $800 million over the seven-year life of the project.
The project was launched in the mid-2000s in the heyday of emissions trading, which has in recent years suffered scandals including fraud and cyber theft, while carbon prices have slumped lately on gloomy world economic prospects.