Isramart SRL : Global Carbon Policy Handbook 2010 – Policies Driving the Growth of Carbon Trading Markets

Isramart :

The carbon market will grow significantly beyond 2012 due to the EU’s initiatives to build worldwide carbon trading mechanisms, the prospective US Federal cap-and-trade program and the strong emergence of other regional market trading mechanisms.

Carbon Reduction Commitment Energy Efficiency Scheme (CRCEES) Launched by Britain Bolsters the UK’s Carbon Trading Markets In April 2010, Britain announced the new CRCEES, a mandatory scheme for 5,000 companies to evaluate, assess and report energy usage and carbon emissions. The scheme is being introduced to reduce 4 million tonnes of GHG emissions and achieve GBP 1 billion in corporate savings from electricity bills.

The report “Global Carbon Policy Handbook 2010 – Policies Driving the Growth of Carbon Trading Markets” by GlobalData provides an in-depth analysis on the carbon policy initiatives by the European Union (EU), the US, Canada, Australia and other developed and developing economies. The report details the regional climate change initiatives and the Kyoto Protocol and its mechanisms. It also provides an analysis on Clean Development Mechanism (CDM) and Joint Implementation (JI) projects. The report provides an overview on various carbon registries, carbon exchanges and the major companies participating in the carbon trade. The report provides the latest information on the value, volume and price of the emissions traded in project-based mechanisms such as CDM, JI and secondary CDM, and allowance markets such as the EU Emission Trading System (ETS), New South Wales Exchange, Chicago Climate Exchange, the Regional Greenhouse Gas Initiative (RGGI) and Assigned Amount Units (AAUs). The report provides a forecast of the carbon market up to 2020.