Carbon Market Analysis - October 2010

Carbon Market Analysis - October 2010

Summary

This report includes carbon market developments globally. There are 20 news highlights covered in the report. In addition to it, the following articles are covered in detail:

Major Developments in the Tianjin Climate Change Conference

Climate talks were initiated in Tianjin, China, from October 4 to October 9, 2010, to set grounds for the Cancun Climate Change Conference next month. The participants from two working groups under the United Nations Framework Convention on Climate Change (UNFCCC) and its respective Kyoto Protocol were involved, with more than 190 parties acting as negotiators from each group. The major results of the conference are analyzed in the article.

Tokyo ETS - Asia’s First Emissions Trading Scheme Launched in 2010

In June 2007, the Tokyo Metropolitan Government (TMG) introduced the Tokyo Climate Change Strategy to set ways to reduce the region’s carbon emissions. Furthermore, in June 2008, the Governor of Tokyo introduced a bill regarding the setting up of mandatory greenhouse gas (GHG) emissions reduction targets for large-scale emission sectors. In response to this, the Tokyo Metropolitan Assembly passed the bill to introduce Asia’s first Emissions Trading Scheme (ETS) in Tokyo, to be effective from April 1, 2010.

WalMart Initiatives to Reduce Carbon Foot Print

The Greenhouse Gas Protocol Initiative is a multi-stakeholder partnership between businesses to develop internationally accepted GHG accounting and reporting standards for businesses and to promote their widespread adoption. The initiative has differentiated emissions into three scopes to prevent double counting of emissions between different companies within scopes. Wal-Mart, the North American retail giant operates a chain of large discount department stores and a chain of warehouse stores. The company has recognized its impact on the environment and classified into two categories: direct emissions (Scope 1 and Scope 2) and indirect emissions (Scope 3).

Scope

Its scope includes -

• Featured Articles: Analytical articles related to the impact of major policies on the renewable energy market.
• Major Developments in the Tianjin Climate Change Conference
• Opposition Grows Towards Proposal to Set Legally Binding Emission Reduction Targets for Developing Nations
• The US and China Oppositions in the United Nations Talks in China
• Plans Discussed to Incorporate Climate Funds
• Expectations from the Cancun Meeting
• Tokyo ETS - Asia’s First Emissions Trading Scheme Launched in 2010
• Significance of Tokyo’s Introduction of Cap and Trade to Control Emissions
• Characteristics of the ETS Introduced by the Tokyo Government’
• Extension of Tokyo’s ETS to Japan’s Cap and Trade Program
• Strengthening Relations in the International Carbon Market
• WalMart Initiatives to Reduce Carbon Foot Print
• Greenhouse Gas Protocol Initiative
• The Role of Walmart to Reduce Direct and Indirect Emissions
• Major Carbon Updates: Region-wise carbon market news for the month

Reasons to buy

• The “Carbon Market Analysis” provides in depth study of the major emissions reduction market developments across the globe. It gives market updates for the global carbon market which can help the individual/company frame their business strategies while developing sustainability initiatives.
• Analyze the impact of changing carbon market on the company business
• Major Developments in the Tianjin Climate Change Conference- Provides insightful data on the developments in the United Nations International Climate Change talks continued in China and impact of it on the upcoming Cancun Conference.
• Tokyo ETS - Asia’s First Emissions Trading Scheme Launched in 2010 - To identify the upcoming regional emissions trading market in Asia Pacific and its impact in Japanese emissions market.
• WalMart Initiatives to Reduce Carbon Foot Print - To identify the emissions control sustainability initiatives of the retail market giant in North America
• Develop strategy based on the upcoming trends in the global carbon market
• Identify target markets by looking at the trend of emissions trading across the globe
• Understand the impact of International Climate Change Talks on the future carbon market