About
Reverse Zone, weblog on urban planning, sustainability, and technology.
Martin Laplante
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A few favourite links.
- Planetizen
- Cyburbia
- LookWAYup dictionary
- RES Policy Research Inc.
- Medical Reference
- AI Topics
- Pattern Language
- Scale Down, Windsor
- Raise the Hammer
- Price Tags
- Urban Squares
- NYC Streets
- Grush Hour
- Save Griffintown
- DNS Help
Friends' Blogs - David Wilson
- Viktor Toth
- Michael Geist
Recent posts
- The Delicate Balancing Act of Downtowns and the Death of Griffintown
- Internet Identity Keystone Kops
- LA Transit Plan Aims to Save 725 Metric Tons of GHG Annually by 2030
- New York City's Congestion Pricing Plan Dies Yet Again
- New York Discovers Existing Direct Democracy Zoning Rule
- Driving is Going Down in the US
- The Commuting Turnaround in Canada
- Vancouver Churches Get a Licence to Break the Law
- Carbon Capture and Storage For Canada
- Prince of Wales Promotes Health, Wealth, and Courtesy
- Physical Measures Reduce Trips by How Much?
- Tall Buildings Incompatible with New Urbanism
- Direct Voter Control of Comprehensive Plans Fails
- TOD Mindset Moving Away From Pedestrian-friendly Focus
- Land Use Responsible for Biofuel Carbon Debt
- Places to Grow - Pictures Tell the Story
- How do the New Fuel Efficiency Standards Compare with California and Europe?
- Why We Still Need Separation of Uses
- Wikia Search Launches, Minus the Unique Features
- Malls as Make-believe Town Centres Minus the Wrong Kind of People
- NASA's scrambled data: it's not rocket science
- What Did John Baird Know and When Did He Know It?
- Is the Pope For or Against Urgent Climate Change Action?
- Dense Condos Do Not Revitalize
- Carbon Offsets in Ontario
- Is Carbon Sequestration Completely Useless?
- Hot Air - How to Beat Climate Change By Burning More Coal
- Congestion Pricing, Privacy, and Mesh Wireless Networking
- Cycling Will Kill You, But Not Cycling Will Kill You More
- Sprawl as Linear Population Density
2008/03
2008/02
2008/01
2007/12
2007
2006
2005
Complete List of Posts
Carbon Emission Trading a Booming Market
The magazine Environmental Finance has some articles on the year in emissions trading. Despite not joining the Kyoto Protocol and not having mandatory CO2 targets, the U.S. is quite active in trading for GHG emissions.
For one thing, the greenhouse gases other than CO2 do have federal targets that are tradeable, including SOx and NOx. At $200,000 a ton, there is money to be made. Secondly, some states like California may well soon have state and regional trading of emissions. Thirdly, with a Democratic congress and a court case forcing the EPA to regulate carbon, the U.S. may very well get carbon trading soon and businesses want to be ready.
But most importantly, the Kyoto Protocol's Clean Development Mechanism (CDM) and the EU's Emissions Trading Scheme (ETS) are already multi billion dollar markets, even with 2008 two years away. One of the top firms involved in trading and consolidating emission credits is New York based NatSource. Another is White Plains based Evolution Markets. CO2e, the European GHG trader is part of the Cantor Fitzgerald group (New York). ICF International, one of the top advisory firms in GHG trading, is from Fairfax, Virginia. The Chicago-based Chicago Climate Exchange (CCX) is where a great deal of the world's GHG trading goes on.
The U.S. and Australia are putting Canada to shame when it comes to regulating and trading GHGs, even though they never agreed to Kyoto targets. What precisely is wrong with this country?
References
http://www.environmental-finance.com/envfin/06survey.pdf
http://www.natsource.com/index.asp
http://www.evomarkets.com/
http://www.emissionstrading.com/
http://www.icfi.com/
http://www.chicagoclimatex.com/
Tags: Greenhouse Gas Climate Change Kyoto Protocol aggregates Environment