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GlobalData, the leading business intelligence provider, has released its latest research study “Global Carbon Policy Handbook, 2010: Policies Driving the Growth of Carbon Trading Markets”, which is an offering from the company’s Energy Research Group. The report provides an in-depth analysis on the carbon policy initiatives by the European Union, the US, Canada, Australia and other developed and developing economies. It details the regional climate change initiatives, the Kyoto Protocol and its mechanisms. It also provides an analysis on Clean Development Mechanism (CDM) and Joint Implementation (JI) projects. The report provides an overview on various carbon registries, carbon exchanges and the major companies participating in the carbon trade. The report provides the latest information on the value, volume and price of the emissions traded in project-based mechanisms, such as CDM, JI and Secondary CDM, and allowance markets such as the European Union’s (EU) Emission Trading Scheme (ETS), New South Wales, Chicago Climate, Regional Greenhouse Gas Initiative (RGGI) and Assigned Amount Units (AAUs). The report discusses some of the reasons for the growth of carbon markets and provides carbon market forecasts until 2020.

Scope

The report provides a detailed analysis on the global carbon policy initiatives driving the carbon trading markets. Its scope is as follows.
– Impact assessment of the carbon policies in the United States (US), the European Union (EU), Canada, Australia and Asia Pacific regions on the world carbon trading markets.
– Carbon trading value from 2010-2020, which help in identifying a market potential.
– Key carbon regulations and policies at regional level in the US and unified carbon regulatory framework in the EU and their impact on the growth of global carbon trading market.
– Analyzes the probable regional policy instruments in the US and Asia Pacific regions, which will drive the global carbon trading markets beyond 2012.
– Key carbon regulations and policies at regional level in the US and unified carbon regulatory framework in the EU and their impact on the growth of global carbon trading market.
– Analyzes the regional policy instruments in the US and Asia Pacific regions, which will drive the global carbon trading markets.
– Review of Clean Development Mechanism (CDM) projects in the Asia Pacific and Sub-Saharan regions in 2009
– Details on various Kyoto mechanisms and helps in identifying potential markets by navigating the policy landscape worldwide from 2005-2012.
– Key data and information on the volume and market value of carbon allowances, covering both project-based transactions and allowance-based transactions from 2004-09.
– Historic pricing trends for carbon in various exchanges and project-based transactions from 2004-09.
– Analyzes market-based instruments such as certifications and standards used in carbon trading in 2009.
– Overview on investment firms, infrastructure and energy service providers, advisory companies, financial firms, brokerage firms, carbon solution providers and other auditing firms participating in carbon trade.

Reasons to buy

- The report will enhance your decision making capabilities in a rapid and time sensitive manner.
– Develop business strategies with the help of specific insights into policy decisions being taken on the carbon credits trade by EU 27, the US, Australia and other developed and emerging countries worldwide.
– Identify opportunities and challenges in exploiting carbon emission reduction projects worldwide.
– Understand the market positioning of carbon credits in correlation with carbon policies.
– Increase future revenue and profitability with the help of insights on the opportunities and critical success factors of the EU ETS in the carbon trading market.
– Benchmark your investments against the major players in the carbon trading markets.
– Be ahead of the competition by keeping yourself abreast with all of the latest policy changes on carbon mitigation globally.
– Plan your investments to minimize the impact of carbon taxes due to changing carbon policies.
– Plan your project locations and project types in order to capitalize on the growing carbon allowance market.
– Identify the most suitable geography to invest in emission reduction projects.
– Target the most suitable geography for emission reduction projects based on the policies to gain incentives.
– Develop custom strategies for different geographies based on the stringency of the carbon policy in the respective area.
– Navigate the carbon policies through detailed analysis of existing carbon allowance market dynamics and potential changes.
– Identify the most promising geography to invest in energy efficiency and renewable energy projects, in order to minimize carbon taxes.

1 Table of contents 4
1.1 List of Tables 6
1.2 List of Figures 7

2 Introduction 8
2.1 Overview 8
2.2 GlobalData Report Guidance 9

3 Greenhouse Gas Emissions and its Impact on Global Carbon Policies 10
3.1 Impact of GHGs on Ecology 10
3.1.1 Introduction to Global Warming 10
3.1.2 Illustrations of Ecological Imbalance due to Excess Carbon 10
3.2 Global Initiatives to Reduce Carbon Footprint 11
3.2.1 The Kyoto Protocol and its Implementation Challenges 11
3.2.2 Development of Natural and Artificial Carbon Sequestration Techniques, Energy Efficiency Projects and Renewables 11
3.2.3 Evolution of Carbon Trading Market 12

4 Global Carbon Policy Frameworks Boosting Emissions Trading Markets 13
4.1 Overview of Regulatory Framework for Emission Trading Systems 13
4.1.1 American Clean Energy and Security Act and its Implications 13
4.1.2 European Union’s Climate Change Policy 14
4.1.3 Climate Change Initiatives in Canada and Prospects for Emissions Trading 18
4.1.4 Australia’s Climate Change Initiatives will Aid the Emission Trading Mechanism 18
4.2 United Nations Framework Convention on Climate Change 18
4.3 Kyoto Protocol, a Precursor of Emissions Trading Systems 18
4.3.1 Overview of Kyoto Protocol, Participating Nations 18
4.3.2 Clean Development Mechanisms (CDM) 21
4.3.3 Joint Implementation and Assigned Amount Units 40
4.3.4 Emission Trading 47
4.4 Increasing Role of International Emissions Trading and International Emissions Trading Association in Boosting the Market 48
4.4.1 Objectives of IETA 48
4.4.2 Program by IETA 48
4.5 Various Regulatory Frameworks and Regional Initiatives in the US 49
4.5.1 American Clean Energy and Security Act of 2009 50
4.5.2 Regional Greenhouse Gas Initiative in the US 52
4.5.3 California Global Warming Solutions Act of 2006 AB 32 53
4.5.4 Western Climate Initiative 54
4.5.5 Midwestern Regional GHG Reduction Accord (MGGRA) 55
4.5.6 EPA Climate Leaders 55
4.5.7 Hawaii Global Warming Solutions Act of 2007 55
4.6 European Union Emissions Trading System Promotes Emissions Trading Market 55
4.6.1 EU ETS 56
4.6.2 Revised EU ETS 56
4.7 Japan’s Keidanren Voluntary Action Plan and Other Voluntary Markets 57
4.8 Emission Reduction Schemes of Australia 59
4.8.1 New South Wales Greenhouse Gas Abatement Scheme 59
4.8.2 Greenhouse Challenge Plus 59
4.8.3 Carbon Pollution Reduction Scheme 59
4.9 Canadian Government’s Measures and Initiatives Drive Carbon Trading 60
4.10 Policies and Market Instruments Driving Carbon Trading Programs in Other Countries 61
4.10.1 Policy and Market Mechanisms in China 61
4.10.2 Policy and Market Mechanisms in South Korea 62
4.10.3 Policy and Market Mechanisms in New Zealand 62
4.10.4 Policy and Market Mechanisms in Russia 63
4.10.5 Policy and Market Mechanisms in Sub-Saharan 63
4.11 Impact of COP 15 on Carbon Policies and Emission Trading 64

5 Regional and Global Carbon Exchanges and Carbon Trading Markets 65
5.1 Increasing Role off Standard-Specific and Existing Registries 66
5.1.1 North American Markets 68
5.1.2 The Chicago Climate Exchange 69
5.1.3 European Union Emissions Trading System Market 71
5.1.4 The Australian Carbon Market 72
5.2 Project-Based Transactions by Region and Project Type 72
5.2.1 CDM and JI Buyers, Sellers and Over-the-Counter (OTC) Markets 73

6 Development of Certifications, Standards and Other Initiatives Facilitating Emissions Trading 76
6.1 American Carbon Registry Standard 77
6.2 The Climate Action Reserve Protocols 77
6.3 The CarbonFix Standard 77
6.4 Chicago Climate Exchange Offsets Program 78
6.5 Climate, Community, and Biodiversity Standards 78
6.6 EPA Climate Leaders Offset Guidance 78
6.7 Greenhouse Gas Services Standard 78
6.8 The Gold Standard 78
6.9 Greenhouse Friendly 79
6.10 ISO 14064 Standards 79
6.11 Plan Vivo 79
6.12 Social Carbon Standard 79
6.13 TUV NORD Climate Change Standard and VER+ Standard 79
6.14 Voluntary Carbon Standard 80

7 Competitive Landscape of Emission Trading Companies 81
7.1 3Degrees Incorporated 81
7.2 APX Incorporated 81
7.3 Baker & McKenzie 81
7.4 Blue Source 81
7.5 CantorCO2e 81
7.6 Climate Focus 82
7.7 Credit Suisse 82
7.8 EcoSecurities Group 82
7.9 Equator LLC 82
7.10 MGM International 82
7.11 Natsource 83
7.12 RNK Capital LLC 83
7.13 Sterling Planet, Incorporated 83
7.14 Tradition Financial Services/TFS Energy/TFS Green 83
7.15 TUV SUD America 83

8 Appendix 84
8.1 Abbreviations 84
8.2 Methodology 85
8.2.1 Coverage 86
8.2.2 Secondary Research 86
8.2.3 Primary Research 87
8.2.4 Expert Panel Validation 87
8.3 Contact Us 87
8.4 Disclaimer 87

We’ve all heard about the amazing growth taking place in developing countries and how the global economy will never be the same again. But countries like China, India and Vietnam seem so far away. It can be hard to understand how those marketplaces can affect the individual investor here in the U.S.A. After my recent trip to Cambodia, I’m here to tell you that emerging markets aren’t some short-lived fad. We’ve only begun to see the impact they will have in the financial markets.

My wife and I had visited Cambodia last March, but this time was different. Besides having our four children along for the experience, the signs of a growing economy were everywhere. Construction was taking place all around Phnom Penh, the nation’s capital. A new 42 story office building had broken ground, the country’s first skyscraper. It’s being financed by a South Korean company. A huge new complex of shops and office buildings were coming up on old rice fields north of town in a special economic zone.

Masses of new apartment buildings were being constructed. The prices of these condo/apartments continue to increase. Those that were ,000 when construction started are now 0,000. Land values continue to soar exponentially. More people can afford cars. Everyone has a cell phone. Universities and schools teaching everything from nursing to English classes to management and computer skills are popping up on every corner. And the schools are packed.

The city continues to improve its infrastructure with the paving of roads and improvement of their drainage system, which is important during the monsoon season. Internet access is growing, as is the availability of cable television. But there’s much work to be done. Power outages occur almost daily. The municipal water isn’t potable. The sewer system has a very limited reach. There is no mass public transportation service in a city of well over 1 million. There’s little garbage collection.

Just outside of town, the picture is even starker. When you travel out to the provinces, it’s like stepping back in time. Once you get off the main highway, there are no paved roads. Many homes are simple wooden shacks with thatch roofs. Naked children play with sticks in the road next to ditches that are little more than open sewers. Electricity comes from generators that operate a few hours a day. Health care is almost non-existent. The rice grown in the fields hardly supplies enough grain for each family’s yearly needs.

Not all provincial families live in dire poverty. But the majority do. The young people don’t want the same life their parents have. They want more. And they’re willing to work for it. Many of them turn to the garment factories, where by working six to seven days a week, ten to twelve hours a day, they can make 0 a month. In country where unemployment can reach 50%, that’s a nice sum of money. But it’s not much of a life.

Others realize that education is their ticket to a better future. The church we visited and were working with offers free English and computer classes. Over 200 students jam every available room of the building four nights a week. In addition, all of these kids attend either high school or university during the day. Many of them came from the provinces and plan to send money they earn back home to help support their families.

So if you think the emerging markets, is just the latest financial talk point, think again. The story in Cambodia is the same story all over Asia. These people want a better life. They want a higher standard of living. They are becoming educated. Their countries are only beginning to improve their infrastructure. Astute companies from around the world are investing big bucks into these economies. And the growth is only going to increase.

This isn’t a five year fad. It will take decades for these countries to grow into modern nations. But there’s no going back. The young people we met are determined and focused. This generation will do what it takes to succeed.

Your generation worked very hard to achieve financial security. In today’s changing global marketplace, you’ll have to invest smarter in order to maintain it. In next week’s article, I’ll give you practical steps to take advantage of the opportunities these emerging markets provide.

Clinical laboratories are an essential part of the health industry. It is estimated that approximately 80% of physician’s diagnoses are a result of laboratory tests. The constant pressure to reduce healthcare spending is shifting healthcare utilization in favor of the laboratory, making it an ever more valuable part of the treatment plan. As hospital stays are shortened, contact between the physician and patient is reduced, which places a larger role on labs to gather, interpret, and deliver accurate information to the physician in a timely manner. We can expect to see an increase in the number of clinical labs, particularly in the independent sector, as these trends continue to influence the industry.

Since the last time Kalorama Information studied this market two years ago, there have been substantial changes in the industry, including changes in market share as major companies eat into regional labs, new competitors enter the marketplace, and new specialty tests are developed and priced.
Clinical Laboratory Services (Markets, Growth Opportunities, Competitive Analysis and Competitor Profiles), provides an in-depth market overview, a total market analysis, analysis by laboratory type, and by routine and specialty testing and a review of the latest trends driving growth. Revenues and forecasts presented are for the U.S. market. Key international markets are discussed as well.

Key market data provided includes:
•    Hospital, Physician and Independent Lab Statistics
•    Major Tests Performed by Clinical Lab Companies
•    Disease Incidence and Trends Driving Lab Business
•    Market Forecast to 2014
•    Market Breakdown by Lab Type (Hospital, Physician, Independent)
•    Market Breakdown by Test Type (Specialty, Routine)
•    Market Share of Competitors
•    Competitive Analysis of Leading clinical Lab Providers
The issues and trends which are fueling growth:

A trend towards preventive and risk factor testing has been noted in several disciplines, particularly in the areas of oncology, endocrinology, and gynecology. Physicians in these areas are taking full advantage of testing for early detection and disease prevention. Some of the other issues and trends explored in this study include:

•    U.S. Demographics
•    Types of Specialty Tests
•    Growing Competition
•    Increasing Life Expectancy
•    Growing Incidence of Disease
•    New Product Offerings
•    Regulatory Environment
•    Insurance and Reimbursement
•    Payer Types
•    Developments in Personalized Medicine
A competitive analysis of leading clinical laboratory providers includes:
•    Quest Diagnostics, Inc.
•    Laboratory Corporation of America (LabCorp)
•    Genomic Health
•    Genoptix, Inc.
•    Genzyme Corporation
•    DaVita
•    Clarient, Inc.
•    Spectra Laboratories
•    Bio-Reference Laboratories
Our methodology:

The information in this report is the result of interviews with executives and market experts, as well as thorough research of secondary sources such as company literature, trade publications and medical and business journals. The emphasis Kalorama puts on primary research guarantees that new insights will be uncovered that are not available from any other source. The most important part of Kalorama’s efforts is its superior analysis of company activities and their true significance in the marketplace.

All market data pertains to the world market at the manufacturers’ level. The base year for data was 2009. Historical data was provided for the years 2006, 2007 and 2008, with forecast data provided for 2010 through 2014. Compound annual growth rates (CAGRs) are provided for the 2006-2009 and 2009-2014 periods for each segment covered. A competitive analysis is provided for the year 2009. The forecasted market analysis for 2010-2014 was largely based on demographic trends, new developments, company performance trends, mergers and acquisitions, and national expansion.

Predictions that a tellurian mercantile complement will tumble have been entrance during an accelerated gait lately.  Usually, many of  a many impassioned scenarios are from sources some-more meddlesome in gaining broadside rather than charity a offset analysis.

What’s surprising is that lately, many of these baleful predictions are entrance from some of a many routinely composed institutions in a universe such as a IMF and a World Bank.

Central bankers and a heads of universe financial organizations customarily pronounce in ambiguous and obfuscated terms designed to communicate confidence.  Either a financial powers are essay a new book of manners or we are all headed for some unimaginably horrific unfolding of financial and amicable chaos.

Here’s a tiny representation of a latest warnings from a composed and not so sedate.

IMF Chief Warns Europe Must Fuel Growth

BERLIN—The conduct of a International Monetary Fund warned that in serve to slicing yawning bill deficits Europe needs to do some-more to foster expansion and stop a predicament from swelling to a universe economy.

“It is about avoiding a 1930s moment, in that inaction, insularity, and firm beliefs mix to means a tumble in tellurian demand,” IMF Managing Director Christine Lagarde pronounced before a German Council on Foreign Relations. “A moment, ultimately, heading to a downward turn that could overflow a whole world,” she said.

World Bank Projects Global Slowdown

“Developing countries need to weigh their vulnerabilities and prepared for serve shocks, while there is still time,” pronounced Justin Yifu Lin, a World Bank’s Chief Economist and Senior Vice President for Development Economics.

Developing countries have reduction mercantile and financial space for calming measures than they did in 2008/09. As a result, their ability to respond might be compelled if general financial dries adult and tellurian conditions mellow sharply.

“An escalation of a predicament would gangling no-one. Developed- and developing-country expansion rates could tumble by as most or some-more than in 2008/09” pronounced Andrew Burns, Manager of Global Macroeconomics and lead author of a report. “The significance of strait formulation can't be stressed enough.”

Feliz Zulauf Sees More Trouble Ahead

Felix Zulauf: Yes, we trust a marginal nations have entered retrogression territory, and we trust it will get worse.

So, a conditions in Europe will get worse before it gets better. Moreover, a ECB, that has a roots in a German Bundesbank, will see to it that a ECB does not turn a lender of final review until they are positively forced into it by a market. For investors, this is really critical to understand. The new personality Mr. Draghi might leave Trichet’s regressive path, however, as given he is in energy he has talked one approach and acted in another way. This is ethereal as a credit of a ECB could be mislaid quickly.

Euro Breakup Would Cause Global Meltdown

In his debate during Davos, Soros will contend it is “now some-more expected than now” that Greece will rigourously default in 2012, Newsweek said. Soros though thinks a euro will survive, according to Newsweek.

The universe is confronting a duration of “evil,” Soros said, adding that he foresees Europe forward into disharmony and conflict, while rioting in a streets of a U.S. will lead to a curtailment of polite liberties and a tellurian mercantile complement presumably collapsing altogether, Newsweek reported.

All of a risks to tellurian wealth mentioned above have been good famous by investors for months now.  The day a IMF Chief warned of a tellurian basin worse than a 1930′s, a Dow Jones yawned and dump by 10 points.

Is there a vital undo from existence by U.S. investors or has a misfortune already been ignored after a high batch marketplace sell off final August?  Ever given an inside out day on Oct 3 of final year, a Dow Jones has powered higher, ignoring all a bad news and warnings of Armageddon.  Exactly what is going on?

Dow Jones – pleasantness yahoo.com

The answer is certain for both bonds and gold.  The “collective wisdom” of a markets saw a fortitude to a approaching hazard of a European debt predicament final fall, and that fortitude is famous as quantitative easing.  As formerly remarkable in this blog final December, Every Solution To a Euro Crisis Involve Printing Money, that is accurately what happened.  Both a European Central Bank (ECB) and a Federal Reserve mount prepared to imitation whatever apportion of income is compulsory to paper over a European and U.S. debt crisis.

The large initial proviso of a ECB’s Long Term Refinancing Operation modernized about $780 billion to Europe’s ruined banking system, shopping time and postponing a day of reckoning.  The ECB will reason a identical operation in February.

Long tenure this does small to solve Europe’s elemental problems, though is brief tenure bullish for bonds and intensely prolonged tenure bullish for bullion and silver.

(Best Syndication News) Precious steel prices shot-up some-more than one percent Tuesday as investors see expansion in China (see line charts below). Tensions between a United States and Iran along with an softened mercantile opinion helped seaside adult sagging oil prices.

Energy Prices

February light honeyed wanton oil on a New York Mercantile Exchange had been reduce 3 true days, though a trend topsy-turvy on Tuesday (see a consult #2 draft below). The cost of WTI jumped $2.01 (+2.04%) to $100.71 a barrel.

The National Bureau of Statistics of China reported that a sum domestic product in a fourth entertain increasing during 8.9 percent on an annual basis. Analysts had approaching an boost of usually 8.1 percent.

Industrial prolongation and sell sales in China also kick expectations. If a trend continues there could be an increasing direct for oil pulling prices even higher.

Brent wanton oil on a Intercontinental Exchange (ICE) combined 90 cents (+0.81%) to $111.34 a barrel. The widespread between a dual benchmarks tightened to only $10.63.

Natural gas has been declining. Flat direct since of a continue and an over supply of nat gas pushed prices down another 6.82 percent.

Precious Metals

Aluminum on a London Metal Exchange (LME) has been usually increasing; however on Tuesday a cost fell $38.50 (-1.76%) to $2,150.00 per ton.

February bullion on a COMEX gained $24.80 (+1.52%) to $1,655.60 a troy ounce.

Silver gained 61 cents (+2.08%) to $30.14 a troy ounce. The ratio between bullion and china declined to 54.9.

Gold, silver, gold and palladium prices were all aloft on a Tokyo Commodity Exchange (TOCOM). Gold jumped 46 yen (+1.14%) to ¥4,095 per gram. See a TOCOM draft next for a exclusive dollar conversions.

Agricultural Commodities

Cocoa, coffee, and sugarine futures stretched on a Coffee, Sugar and Cocoa Exchange (CSCE). Sugar gained 0.92 percent on Tuesday; however cocoa has gained 5.30 percent over a final 5 business days (see a consult #1 draft below).

Soybeans gained 2.16 percent on a CBOT. Corn and wheat were also higher.

Orange extract on a NYCE fell 1.81 percent.

Feeder cattle prices were unchanged. However, gaunt hogs and live cattle futures were both higher.

By: Tom Madison
Business Reporter

TOCOM Chart with our disdainful dollar conversions:

Survey #2 Settle Price Chart:

Survey #1 Chart:

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