State and trends of the carbon market 2004 / / Franck Lecocq

• Autore: Lecocq Franck
• Pubblicazione: Washington, DC, : World Bank, 2005
• Edizione: 1st ed.
• Descrizione fisica: viii, 33 pages : illustrations ; ; 26 cm
• Disciplina: 363.738/7456
• Soggetto topico: Emissions trading; Greenhouse gases - Economic aspects; Economic development - Environmental aspects
• Note generali: State and Trends of the Carbon Market 2004 examines the status of the emerging market for greenhouse gases emissions allowances and greenhouse gases emission reduction project...the so-called "carbon market." Based on a database of 354 transactions, this study shows that the market has been growing steadily over the past years, with demand still heavily concentrated and supply shifting from Latin America to Asia. It also explores the determinants of the price of carbon, showing that, in the absence of a standard contract for the purchase of emission reductions, the structure of the transaction has a strong impact on the price.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Intro -- Contents -- Acknowledgments -- Executive Summary -- 1. Introduction -- 2. Market Structure -- Two Types of Carbon Transactions -- Segments of the Carbon Market -- 3. Methodology -- 4. Project-Based Transactions-Volumes and Flows -- Project-Based Transactions: A Market in Rapid Growth -- Who's Buying? -- Who's Selling? -- Balance among Asset Classes -- The Retail Market -- 5. Project-Based Transactions: Contracts and Prices -- Structure of Transactions -- Observed Prices -- Other Determinants of Prices -- Total Value of Project-Based Transactions -- 6. Allowance Markets -- The UK Emission Trading Scheme -- The EU Trading Scheme -- The Chicago Climate Exchange -- The New South Wales GHG Abatement Scheme -- 7. Market Outlook -- Regulatory Drivers -- Market Outlook -- 8. Conclusion -- LIST OF TABLES -- Table 1. Completeness of Data on Project-Based Transactions -- Table 2. Volumes Exchanged and Number of Transactions per Market Segment -- LIST OF FIGURES -- Figure 1. Annual Volumes (million tCO2e) of project-based emission reductions traded (up to 2012 vintages) -- Figure 2. Market Buyers (share of volume of ERs purchased) -- Figure 3. Location of Emission Reduction Projects (in share of volume supplied) -- Figure 4. Location of Projects by type of Buyer January 2003-May 2004 (in million tCO2e) -- Figure 5. Technology Share of Emission Reduction Projects 2003-2004 (in percent of total volume contracted) -- Figure 6. Prices for Non-Retail Project-Based ERs 2003-2004 (in U.S. per tCO2e) -- Figure 7. Total Market Value (estimate) per year in million U.S. dollars (nominal).
• Titolo autorizzato: State and trends of the carbon market 2004
• ISBN: 1-280-14140-9; 9786610141401; 1-4175-9097-1
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910820979603321
• Lo trovi qui: Univ. Federico II
• Serie: World Bank working paper ; ; no. 44.