International Carbon Markets Services
From CO2 Emissions
Carbon emissions trading is emissions trading specifically for carbon dioxide and other greenhouse gas emissions recognized by the Kyoto Protocol, calculated in tonnes of carbon dioxide equivalent or tCO2e). Carbon trading is one of the ways countries can meet their Kyoto obligations to reduce carbon emissions and thereby mitigate global warming.
Carbon emissions trading has been steadily increasing in recent years. In terms of value, the World Bank has estimated in State and Trends of the Carbon Market 2012 that the size of the carbon market was €126 billion, and transaction volumes reached a high of 10.3 billion tons of carbon dioxide.
National and Regional Cap and Trade Systems
There are several national and regional trading schemes up into place, such as the EU ETS (European Union Emission Trading Scheme), California Cap and Trade Program, Québec (Canada), Tokyo Government Scheme, New Zealand etc. Other trading systems are currently emerging in China, Republic of Korea, and several countries from South America.
The long term goal is to have an international carbon market in which all these CO2 trading schemes and mechanisms to be linked and inter-connect.
We will be happy to offer you more information related to these national or regional carbon schemes if you are interested in a specific issue.