Global And Regional Emissions Trading Markets Are Emerging And Drive Strategic Energy...

Global And Regional Emissions Trading Markets Are Emerging And Drive Strategic Energy Policy

DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c77870) has announced the
addition of "Carbon: Integration of Local and Global Carbon Markets"
to their offering.

Introduction

Global and regional emissions trading markets are emerging and
drive strategic energy policy. The EU-ETS is a leading player and
dominated carbon trading in 2006, it is pivotal to achieving a truly
global carbon trading scheme and meeting the wider environmental
challenge. The Clean Development Mechanism is key to engaging non-EU
participants such as China who dominate the CDM market.

Scope

Analyzing regional carbon markets and the interaction with global
carbon programmes - comparing the EU ETS with alternative emissions
reducing schemes Measuring the success of establishing mechanisms sell
carbon permits world-wide and quantifying where the major trade is
occurring Insight into the constraints faced by the major players
reaching their carbon targets set out by the Kyoto protocol, in
particular Phase 2 of EU ETS An assessment of carbon market
fundamentals - supply, demand and subsequently the carbon emissions
schemes that attract investors

Highlights

Standardized exchange trade accounted for almost a quarter of the
European carbon market. The European Carbon Exchange (ECX) accounted
for around three quarters of all formalized emissions trading last
year. Europes leading power exchanges have used synergies with the
carbon market to capture significant ETS volume 171 states signed the
Kyoto Protocol by June 2007. Under the Kyoto Protocol, all Annex II
countries have established emission quotas, in ratifying the protocol,
essentially agreeing to bear the costs of emission reductions. With
the EU viewed collectively as a single economy, it accounts for 27 of
the 33 Annex II countries to ratify Kyoto China dominates selling into
the CDM - Chinas rapidly growing, increasingly carbon-intensive
economy offers the greatest scope for cost-effective Certified
Emissions Reductions. Governments often invest in CERs to help meet
their overall Kyoto targets, while private investors may look to hedge
their exposure in regional markets like the EU ETS

Reasons to Purchase

Establish the current level of trading in carbon and assess the
drivers for global carbon trading and alternative abatement mechanisms
Understand non-EU participation in the global carbon market arena and
assess the key players Examine how the EU and trading in CDMs will
shape the future of carbon trading achieving the objectives et out in
the Kyoto protocol

OUR VIEW

CATALYST

SUMMARY

ANALYSIS

The Kyoto Protocol envisaged global carbon emissions trading

The EU is pivotal to establishing a truly global carbon market

Europes ETS dominated global carbon trading in 2006

The majority of European carbon is traded over-the-counter

ECX leads the standardized market for EU emissions trading

EU member states are the key Kyoto Protocol signatories

Brussels is pinning its hopes on a cap and trade carbon market

Key EU economies will ultimately determine the success of the ETS

The undesirable surplus of EU allowances remained in 2006

The UK has escaped an EC clampdown on Phase II allocations

Natural sellers will have their ETS allocations slashed from 2008

The EU is collectively off-target to meet its ETS commitments

ETS Phase II will bring a dramatic shift in market fundamentals

Carbon prices reflect the need for a notable curb in emissions

The CDM is key to engaging non-EU carbon market participants

China dominates selling into the CDM

Over two thirds of CDM credits are assimilated into the EU ETS

Former Soviet states profit from renewable energy investments

Former EU15 governments are the most active JI participants

Investors place differing emphases on project-based mechanisms

Voluntary schemes are the fastest growing Kyoto mechanism

US industry is preparing for inevitable federal action on carbon

Beijing bourse would cement the EUs appetite for Chinese carbon

APPENDIX

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Disclaimer

For more information visit
http://www.researchandmarkets.com/reports/c77870

Source: Datamonitor

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980

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