The Global Carbon Trading Market: Concepts, Regulations and Industry Trends to 2020

GBI Research's report, "The Global Carbon Trading Market - Concepts, Regulations in addition to Industry Trends to 2020" provides a good in-depth investigation about the world-wide carbon trading market. The article provides the modern tips around the value, volume and also price of the emissions traded around primary project-based mechanisms such as Clean Development Mechanism (CDM), Joint Implementation (JI) and secondary CDM, as well as permitting markets for example the EU Emission Trading System (ETS), New South Wales Exchange, Chicago Climate Exchange, the actual Regional Greenhouse Gas Initiative (RGGI) in addition to Assigned Amount Units (AAUs). The article provides a new scenario-based predicted from the carbon dioxide current market as much as 2020. The record delivers an understanding on different c arbon registries, carbon exchanges and the important companies starting that carbon trade. The study work delivers indispensable assessment involving possibility and opportunities for your business enterprise and inside carbon concern environment. Regulatory efforts to mitigate weather factors transform have spawned an emerging carbon dioxide market place that increased at ingredient total development quote (CAGR) of 89% to reach $138.3 billion inside 2009. The EU's initiatives to make a broad, around the world linked carbon dioxide market, your prospective US Federal cap-and-trade program and the powerful emergence connected with alternative regional marketplace investing mechanisms will drive the actual carbon market place considerably above 2012.

Scope

Key current market records to the level along with market place worth of carbon allowances, covering up together project-based transactions and allowance-based orders out of 2004€2009. Analysis about almost all world wide carbon current market exchanges € that EU Emission Trading System (ETS), New South Wales Exchange, Chicago Climate Exchange, the Regional Greenhouse Gas Initiative (RGGI), Australian Climate Exchange, World Green Exchange etc. Historic prices traits regarding carbon around a variety of deals in addition to project-based ventures through 2005€2009. Forecasts with the global carbon exchanging market about 2020 primarily based about probably situations dress yourself in come out with the particular future. Impact test of key carbon rules and coverage along with his or her affect the progress with international carbon stock trading market. Analyzes market-based devices these while accreditations and requirements utilised in carbon stock trading in 2009. Overview on investment firms, infrastructure in addition to power program providers, advisory companies, fiscal firms, brokerage firms, carbon solution vendors and additional auditing companies playing carbon trade. Key emission dealing organizations dealt with include things like three Degrees Incorporated, APX Incorporated, Baker & McKenzie, Blue Source, CantorCO2e, Climate Focus as well as Credit Suisse Assessment connected with chance plus chances for the corporate while in the carbon constraint environment

Reasons to buy

Navigate your carbon emission marketplace surroundings by way of in depth examination in the existing carbon sector characteristics and likely changes Identify by far the most promising geography to invest throughout energy effectiveness and alternative electrical power projects, in order to lessen carbon taxes. Identify by far the most probable geography to get inside unconventional plus replenish-able energy groups to help lessen carbon taxes. Develop custom made strategies to get distinct geographies dependant on this stringency in the carbon scheme inside respective geography. Develop company tactics using the assist of specific insights in to scheme decisions appearing consumed to the carbon 'tokens' industry by simply EU 27, the US, Australia along with other formulated and emerging locations worldwide. Identify perils associated with securing carbon emission limit in addition to renovate them into options for foreseeable future growth.

1 Table associated with Contents 6

1.1 List of Tables 8 1.2 List connected with Figures 9

2 Introduction 10

2.1 Greenhouse Gas (GHG) Emissions and Their Impact with Global Carbon Trading Markets twelve 2.1.1 Impact regarding Greenhouse Gases with Ecology 10 2.1.2 Naturally Occurring Carbon Cycle 11 2.1.3 Global Initiatives to Reduce Carbon Footprint 12

3 Origins with Carbon Trading Market and Exchanges 14

3.1 Evolution of Carbon Trading Market 14 3.2 Global along with Regional Carbon Exchanges 15

4 Kyoto Protocol, your Precursor of Emissions Trading Systems 17

4.1 Clean Development Mechanisms (CDM) 19 4.1.1 CDM Project Activity Cycle 20 4.1.2 Joint Implementation (JI) as well as Assigned Amount Unit (AAU) 20 4.1.3 Emission Trading 28

5 Global Carbon Trading Market: Dynamics as well as Statistics 29

5.1 Global Carbon Trading Market Overview 29 5.2 Global Allowance Markets 31 5.2.1 The EU Emission Trading Scheme: Still that Most Prominent Carbon Market 32 5.2.2 The US Market 33 5.2.3 The Australian Market 35 5.3 Global Project-based Market 36 5.3.1 Primary Project-based Market 37 5.3.2 Secondary Project-based Market 56 5.4 Post 2012 Market Uncertainty: Scenario Based Forecast to 2020 57 5.4.1 Linear Growth: Moderate Market by using Current Programs and Policies 57 5.4.2 Scaling Up: Implementation associated with US Cap-and-Trade Program and also EU Integrated Systems 59 5.4.3 Global Reach: Collaboration involving EU, the US and Developing Nations 61

6 Global Carbon Credits Market Policy Framework Facilitating Emissions Trading 63

6.1 Overview regarding Regulatory Framework for Emission Trading Systems 63 6.1.1 American Clean Energy as well as Security Act in addition to its Implications 63 6.1.2 European Union's Climate Change Policy 64 6.1.3 Climate Change Initiatives with Canada plus Prospects pertaining to Emissions Trading 67 6.1.4 Australia's Climate Change Initiatives will Aid this Emission Trading Mechanism 67 6.2 Increasing Role with International Emissions Trading and also International Emissions Trading Association (IETA) inside Boosting this Market 68 6.2.1 Objectives of IETA 68 6.2.2 Programs by IETA 68 6.3 Various Regulatory Frameworks plus Regional Initiatives in the US 69 6.3.1 American Clean Energy in addition to Security Act associated with 2010 70 6.3.2 Regional Greenhouse Gas Initiative (RGGI) from the US 71 6.3.3 California Global Warming Solutions Act connected with 2006 AB 32 73 6.3.4 Western Climate Initiative (WCI) 73 6.3.5 Midwestern Regional GHG Reduction Accord (MGGRA) 74 6.3.6 EPA Climate Leaders 74 6.3.7 Hawaii Global Warming Solutions Act regarding 3 years ago 74 6.4 European Union Emissions Trading System Promotes Emissions Trading Market 75 6.4.1 EU ETS 75 6.4.2 Revised EU ETS 75 6.5 Japan's Keidanren Voluntary Action Plan and Other Voluntary Markets 77 6.6 Emission Reduction Schemes involving Australia 78 6.6.1 New South Wales Greenhouse Gas Abatement Scheme 78 6.6.2 Greenhouse Challenge Plus 78 6.6.3 Carbon Pollution Reduction Scheme 78 6.7 Canadian Government's Measures and Initiatives Drive Carbon Trading 79 6.8 Global Carbon Credits Standards 79 6.8.1 American Carbon Registry Standard 80 6.8.2 The Climate Action Reserve Protocols 81 6.8.3 The CarbonFix Standard 81 6.8.4 Chicago Climate Exchange Offsets Program 81 6.8.5 Climate, Community, and also Biodiversity Standards 81 6.8.6 EPA Climate Leaders Offset Guidance 81 6.8.7 Greenhouse Gas Services Standard 81 6.8.8 The Gold Standard 82 6.8.9 Greenhouse Friendly 82 6.8.10 ISO 14064 Standards 82 6.8.11 Plan Vivo 82 6.8.12 Social Carbon Standard 82 6.8.13 TUV NORD Climate Change Standard and VER+ Standard 82 6.8.14 Voluntary Carbon Standard 83

7 Competitive Landscape associated with Emission Trading Companies 84

7.1 a few Degrees Incorporated 84 7.2 APX Incorporated 84 7.3 Baker & McKenzie 84 7.4 Blue Source 84 7.5 CantorCO2e 84 7.6 Climate Focus 85 7.7 Credit Suisse 85 7.8 EcoSecurities Group 85 7.9 Equator LLC 85 7.10 MGM International 85 7.11 Natsource 85 7.12 RNK Capital LLC 86 7.13 Sterling Planet, Incorporated 86 7.14 Tradition Financial Services/TFS Energy/TFS Green 86 7.15 TUV SUD America 86

8 Corporate Sustainability in a very Changing Landscape 87

8.1 Carbon Exposure Risks 87 8.2 Carbon Exposure Opportunities 88 8.3 Carbon Emission Intensity through Sector 88 8.4 Companies usually are Expanding your Horizons of Sustainability Practices € New Initiatives around Carbon Sustainability 89 8.4.1 Chevron Corporation € Multifaceted Response that will Climate Change 89 8.4.2 Walmart Stores, Inc. € Sustainability Mandate throughout the Supply Chain 91 8.4.3 General Electric Co. € Ecomagination Initiative, Revenue Opportunities from Climate Change Solutions 92

9 Appendix 94

9.1 About GBI Research 94 9.2 Abbreviations 94 9.3 Methodology 96 9.3.1 Coverage 97 9.3.2 Secondary Research 97 9.3.3 Primary Research 97 9.3.4 Expert Panel Validation 98 9.4 Contact Us 98 9.5 Disclaimer 98