Australia's emissions trading market will not be in place for...

Australia's emissions trading market will not be in place for another two years
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In the meantime, Mr Purcell has no doubt the carbon trading market in Australia is due to take-off.

"I think what this signifies is that activity will start before the formal market actually in place," he said.

"It was the same with the development of the European emissions trading scheme that financial intermediaries and market participants started trading that market before the first phase of that market had actually started.

http://www.abc.net.au/news/stories/2008/05/20/2250392.htm