DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bd19b0/potential_of_carbo) has announced the addition of the "Potential of Carbon Credit Market in India" report to their offering.
At present, trading in carbon credits takes place on two stock exchanges; the Chicago Climate Exchange and the European Climate Exchange. Global carbon markets have been growing 100% a year till 2008, and growing at a CAGR of 89% touching US$138.3 billion in 2009.
The EU ETS (European Union Emission Trading Scheme) saw 3.09 billion EUAs (European Union Allowances) traded in 2008, exceeding the annual allocation for 2008 of 1.8 billion. Spot trading in EUAs jumped significantly to 250 million out of total 2.7 billion exchange-traded EUAs in 2008 and further increased to 850 million out of total 3.2 billion exchange-traded EUAs in the first half of 2009.
The explosive growth in the EUA market and the significant increase in spot trading imply a deepening of the EUA market, and if this growth continues, the year 2010 could end up with the financial market volume for carbon in excess of 6 billion or more than 3 times the underlying physical market.
Trade in primary CERs (Certified Emission Reductions), the developing world's instrument of access to the global carbon markets, was below the 2007 level at 389 million in 2008, while that in secondary CERs (CERs traded among developed economy banks, traders, and utilities) witnessed a significant jump in volumes at 1,072 million in 2008. This is 5.3 times the underlying physical market of 275 million issued CERs up to 2008. We would see greater volumes of EUA and CER trades as the carbon commodity markets deepen and reach the level of other energy markets such as electricity and natural gas markets where the total financial market is 10 to 20 times the underlying physical market or crude oil where it is more than 30 times.
Key Topics Covered Include:
- Carbon Credits- Global Overview
- Carbon Credits in India
- How does MCX trade carbon credits
- Carbon Credit Mechanism
- Benefits of CDM Projects
- Usage Segment
- Market Players
- Market Structure & Segmentation
- Market Share & Competition Situation
- Needs and Advantages- Carbon Credits
- Key Challenges / Barriers
- Key Opportunities
- Carbon Credit Initiative in India
- Market Entry Strategy
- Financial Analysis
For a full list of key topics covered and for more information on this report visit http://www.researchandmarkets.com/research/bd19b0/potential_of_carbo.