Introduction

The latest carbon milestone
Andrei Marcu looks back over a year of dramatic advances
in the carbon market, and forward to its further development
Markets

Will the EU ETS deliver?
As we approach the start of the second phase of the EU Emissions
Trading Scheme, Anthony White considers whether it can generate
the reductions necessary – or whether other measures are needed.
Post 2012

Long live the carbon market
Forget the Bali meeting and ignore the Kyoto cheerleaders
– come 2013, the Protocol will be dead, says Odin Knudsen.
But the carbon market will survive
Corporate Profile

An appitite for carbon
As one of Europe’s largest power stations, Drax burns a huge
amount of coal and buys an enormous number of carbon allowances.
Jess McCabe reports on its efforts to do less of both
EU ETS

Costs and Benefits
Christoph Grobbels examines the environmental benefits, cost
effectiveness and the ease of implementation of proposed reforms
to the EU Emissions Trading Scheme
Corporate Profile

Beginning to embrace a carbon price
Rio Tinto Australia has broken ranks with its peers to call
for a domestic emissions trading scheme. Murray Griffin
reports
Carbon Trading

Trading our way out of trouble
Not everyone has bought into the ‘cap-and-trade’ approach
to tackling emissions. Christopher Cundy reports on growing
opposition to carbon trading
US Markets

From sea to shining sea
Jason Patrick and Andy Kruger consider developments in
the two emerging US regional carbon cap-and-trade
schemes
US Legislation

Climate change at the capitol
The White House may remain opposed to national US carbon
caps, but the slew of legislation tabled in Congress
gives clues as to the shape of an eventual national programme,
says William Thomas
China

Can momentum be maintained
China has emerged as a high-volume, low-cost supplier of
carbon credits. But, James Graham asks, can it maintain its
leading position?
Renewable Energy

Helping to drive deployment
The CDM is helping to put renewable energy projects on the
path to profitability, say Adam Mendelson and Michael Ashford
Energy Efficiency

Putting efficiency first
Dramatic improvements in energy efficiency will be vital
if we are to tackle climate change. Anne Arquit Neideberger
and Paul Waide look at how environmental markets could help
Joint Implemantation

Before the flood?
Ingo Ramming considers the prospects for Russia and
Ukraine delivering large volumes of emissions reductions
from Joint Implementation
Voluntary Carbon

Let the seller beware
Sascha Lafeld and Jutta Rothe explain how project developers
can turn to the voluntary market to tap a growing
source of carbon finance
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