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

GBI Research's report, "The Global Carbon Trading Market - Concepts, Regulations plus Industry Trends that will 2020" delivers a good in-depth study on the world-wide carbon buying and selling market. The article provides today's feeting tips for the value, size plus price of the emissions bought and sold with main project-based mechanisms for instance Clean Development Mechanism (CDM), Joint Implementation (JI) plus legitimate CDM, and money real estate markets like the EU Emission Trading System (ETS), New South Wales Exchange, Chicago Climate Exchange, this Regional Greenhouse Gas Initiative (RGGI) and Assigned Amount Units (AAUs). The article presents a scenario-based predict from the carbon current market around 2020. The record gives an overview with many carbon registries, carbon trades an d the important corporations participating throughout the carbon dioxide trade. The research operate delivers indispensable examination connected with chance and also possibilities with the company in the carbon concern environment. Regulatory work to be able to offset local climate alter have got spawned a strong coming through carbon industry that will mature at compound annual growing rate (CAGR) involving 89% to arive at $138.3 billion within 2009. The EU's incentives to construct a broad, globally linked carbon dioxide market, the actual probable US Federal cap-and-trade program along with the good emergence connected with alternative local market stock trading mechanisms will travel your carbon market significantly past 2012.

Scope

Key market records about the quantity plus market place cost with carbon allowances, overlaying the two project-based transactions and also allowance-based dealings from 2004€2009. Analysis with almost all world wide carbon market trades € this EU Emission Trading System (ETS), New South Wales Exchange, Chicago Climate Exchange, your Regional Greenhouse Gas Initiative (RGGI), Australian Climate Exchange, World Green Exchange etc. Historic pricing developments to get carbon dioxide throughout different deals along with project-based transactions coming from 2005€2009. Forecasts in the world-wide carbon stock trading sector up to help 2020 based on probably cases which may possibly come out around the future. Impact examination associated with crucial carbon rules plus insurance policies as well as their consequence for the growing of international carbon investing market. Analyzes market-based instruments such as certifications and also standards included in carbon exchanging in 2009. Overview on investment firms, infrastructure as well as vitality service providers, advisory companies, economical firms, brokerage firm firms, carbon answer providers along with other auditing corporations starting carbon dioxide trade. Key emission trading companies included contain a few Degrees Incorporated, APX Incorporated, Baker & McKenzie, Blue Source, CantorCO2e, Climate Focus and Credit Suisse Assessment involving risk as well as opportunities for the business enterprise and in the carbon dioxide concern environment

Reasons that will buy

Navigate the carbon dioxide emission sector landscape through in depth examination with the present-day carbon current market dynamics as well as possibilities changes Identify by far the most promising geography find throughout vitality productivity along with renewable energy projects, in order to reduce carbon taxes. Identify the best promising geography to take a position inside the unconventional as well as renewable vitality industries to lessen carbon taxes. Develop custom strategies intended for several geographies determined by the stringency belonging to the carbon plan within the individual geography. Develop small business tactics using the help associated with particular insights towards coverage decisions being obtained on the actual carbon breaks industry by EU 27, your US, Australia and other produced and coming through nations around the world worldwide. Identify pitfalls regarding tightening carbon emission cap and change them directly into chances intended for upcoming growth.

1 Table of Contents 6

1.1 List with Tables 8 1.2 List connected with Figures 9

2 Introduction 10

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

3 Origins with Carbon Trading Market as well as Exchanges 14

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

4 Kyoto Protocol, some sort of Precursor involving 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 and 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 help 2020 57 5.4.1 Linear Growth: Moderate Market using Current Programs in addition to Policies 57 5.4.2 Scaling Up: Implementation connected with US Cap-and-Trade Program in addition to EU Integrated Systems 59 5.4.3 Global Reach: Collaboration with EU, the particular US along with Developing Nations 61

6 Global Carbon Credits Market Policy Framework Facilitating Emissions Trading 63

6.1 Overview of Regulatory Framework pertaining to Emission Trading Systems 63 6.1.1 American Clean Energy as well as Security Act and its Implications 63 6.1.2 European Union's Climate Change Policy 64 6.1.3 Climate Change Initiatives throughout Canada and Prospects for Emissions Trading 67 6.1.4 Australia's Climate Change Initiatives will probably Aid the actual Emission Trading Mechanism 67 6.2 Increasing Role with International Emissions Trading and also International Emissions Trading Association (IETA) around Boosting the particular Market 68 6.2.1 Objectives regarding IETA 68 6.2.2 Programs by IETA 68 6.3 Various Regulatory Frameworks along with Regional Initiatives within the US 69 6.3.1 American Clean Energy along with Security Act connected with 2009 70 6.3.2 Regional Greenhouse Gas Initiative (RGGI) while in the US 71 6.3.3 California Global Warming Solutions Act of 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 involving 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 associated with 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 as well as 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, along with 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 connected with Emission Trading Companies 84

7.1 several 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 within a Changing Landscape 87

8.1 Carbon Exposure Risks 87 8.2 Carbon Exposure Opportunities 88 8.3 Carbon Emission Intensity simply by Sector 88 8.4 Companies are generally Expanding your Horizons connected with Sustainability Practices € New Initiatives inside Carbon Sustainability 89 8.4.1 Chevron Corporation € Multifaceted Response to help Climate Change 89 8.4.2 Walmart Stores, Inc. € Sustainability Mandate during the Supply Chain 91 8.4.3 General Electric Co. € Ecomagination Initiative, Revenue Opportunities out of 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