State and Trends of the Carbon Market 2005

This study reviews the state and trends of the carbon market as of May 2005, based on material provided by Evolution Markets LLC, and Natsource LLC, and based on interviews with a large number of market participants. One of the main findings is the regulatory framework of the carbon market has solidified considerably in the past 12 months, with the start of operations of EU ETS on January 1, 2005 and the entry into force of the Kyoto Protocol on February 16, 2005. While regulatory uncertainty continues, notably for the registration of Clean Development Mechanism (CDM) projects by the CDM Executive Board.

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Bibliographic Details
Main Authors: Lecocq, Franck, Capoor, Karan
Format: Working Paper biblioteca
Language:en_US
Published: World Bank, Washington, DC 2005-05
Subjects:Abatement, abatement costs, Allowance Markets, anecdotal evidence, atmosphere, biomass, biomass energy, Carbon, carbon contract, carbon credits, carbon dioxide, carbon dioxide equivalent, carbon emissions, Carbon Finance, Carbon Finance Business, Carbon Market, carbon markets, carbon prices, carbon purchases, carbon revenues, carbon trading, Carbon Transactions, Certified Emission Reductions, Clean Development, Clean Development Mechanism, Clean Development Mechanism Facility, clean technologies, climate, climate change, Climate Exchange, Climate Trust, CO2, commodity model, cycle plant, debt, disbursement schedule, DNA, emission, emission reduction, emission reduction project, Emission Reduction Units, emission reductions, emission targets, Emission Trading, emissions allowances, energy consumption, energy efficiency, equilibrium, excess emissions, exchange rate, Forestry, fuel, fuel switching, gas capture, Global Climate Change, Global Environmental Facility, greenhouse, greenhouse gas, greenhouse gases, HFC23, HFCs, income, information, International Emissions, Joint Implementation, landfill, landfill gas, market, methane, N2O, oil, oil prices, power generation, price index, price volatility, property rights, public relations, purchase of emission reductions, purchasing, purchasing power, reducing emissions, resins, retail, spread, Sustainable Development, transaction costs, utilities, validation stage, voluntary activities, voluntary emissions, voluntary targets, waste, Wind,
Online Access:http://hdl.handle.net/10986/13411
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