EMISSIONS TRADING

one day seminar

Understanding the new emissions trading markets

Carbon emissions trading is now a global activity, but many companies are still unsure what the impact will be. Understanding this new, complex and rapidly-developing market is essential for anybody whose business is affected by the price of carbon.

Why do we need a carbon market? What is the Kyoto Protocol? How does the EU Emissions Trading Scheme work? What is a CDM CER? What drives the price of carbon?

This one-day briefing on the evolving global carbon market introduces you to carbon emissions trading, explaining the "alphabet soup" of abbreviations, rules and regulations that affect energy prices and policy now and in the future.

The day includes a carbon emissions trading game to help you understand key influences on the price of carbon.

Download course outline (1.4MB) pdf

• • The Greenhouse Effect
  • GHG Global Warming Potential
  • The Carbon Cycle
  • Projections of Climate Change
  • What’s in the Kyoto Protocol?
  • Mumbo Jumbo
  • The Six Greenhouse Gases
  Climate change & Kyoto
• • Key Principles
  • Emissions trading offers a market solution to the problem of reducing “pollution”, including GHGs
  • Emissions trading markets can be voluntary or regulated by government or international institutions
  • Emissions trading involves the purchase or sale of the right to emit an agreed amount of a specified “pollutant”
  • Emissions trading markets help to “externalise” the cost of “pollution” by establishing a price for emissions
  What is emissions trading?
• • EU ETS
  • What is Covered
  • What is not Covered
  • Basic Rules
  • Who does What
  • Monitoring Emissions
  • Calculating Emissions
  • Reporting and Varification
  • The Timetable
  The EU Emissions Trading Scheme
• • National Registries e.g. EU ETS
  • Community Independent Transaction Log (CITL)
  • International Transaction Log (ITL)
  • Clean Development Mechanism (CDM) Registry
  • Supplementary Transaction Log (STL) e.g. CITL
  Registries and Logs
• • The Path to Kyoto
  • Targets - How close?
  • Linking Directive
  • Global Emissions Trading
  Links to Kyoto
• • EU Allowance
  • Trading Volumes
  • Price History
  • Markets
  • Organised Exchanges
  • Price Assessments
  • Impact of Carbon Costs
  Carbon trading & pricing
• • What is a NAP?
  • Calculating CO2 Allowances
  • Allocating CO2 allowances to sectors and installations
  National Allocation Plans
• • Gives the delegate an opportunity to put into practise what has been learnt in a realistic simulated market areana.
  • Using different scenarios the delegate decides how best to trade given certain restraints.
  • At the end of the game there is an opportunity to discuss the results.
  Emissions Trading Game
• • EU New Energy Policy Proposals.
  • EU ETS Phase 3.
  • UK Climate Change Bill.
  • US - A New Administration
  • Asia-Pacfic Partnership
  • The Stern Review
  Post-Kyoto the story so far
• Whilst we always allow time for questions during the course of the day, it always helps to have a discussion time at the end.Questions, discussion and close

• Oxford: 29th April 2010
• London - 14th October 2010

We reserve the right to change the venue, dates and programme at our discretion.

Date: 29th April 2010 - Oxford14th October 2010 - London   

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