New Report Examines the Future Importance of Emissions Trading.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c69597) has announced the addition of Emissions Trading 2005/ 06 - Taking Stock First Experiences of German Companies with the EU ETS to their offering.

For years, the author has investigated new, changeable

markets. With the introduction of the European Union Emissions Trading Scheme (EU ETS) in January 2005, a new market of allowances for carbon dioxide emissions has emerged. After eleven months of existence of the EU ETS, the author examined the carbon market by surveying concerned installations in Germany. On the one hand, the study presents primary data gathered among participating German installation operators. Here, the companies' attitude towards emissions trading, trading activities and specific strategies take center stage. Moreover, flexible mechanisms of the Kyoto Protocol and other means of emissions reduction come to the fore.

A distinction of companies according to their main business field reveals interesting differences that are pointed out in present report. Findings were presented to experts, by which means the results were validated. On the other hand, present report provides valuable background information that pinpoint the birth of Kyoto Protocol up to the commencing of the EU ETS and the emergence of the carbon market.

For the first time - after the EU ETS entered into effect - the survey provides deep insights into emissions trading in Germany from a practical point of view.

Introduction

Part A - Basic Principles of Climate Protection

I. Important Milestones of World Climate Protection - On the Way to Kyoto

II. Kyoto Protocol

1. Content

2. Flexibility Mechanisms

3. Interim Result

III. European Union and its Implementation

1. Legislation

1.1 Directive 2003/87/EC

1.2 Directive 2004/101/EC

2. European Union Emissions Trading Scheme

3. Interim Result

IV. Germany and its Implementation

1. The German NAP

2. Legislation

3. Interim Result

Part B - EU ETS Realized: Carbon Market and Price Development

I. Emissions Trading in Practice

II. CO2 Price Development

III. Determinants of CO2 Prices

1. Long-Run Influences

2. Short-Run Influences

IV. Interim Result

Part C - Emissions Trading from a Company's Perspective

I. Sample

1. Sample Composition

2. Sample Description

3. Interim Result

II. Evaluation of Emissions Trading

1. General Evaluation

2. Specific Evaluation

3. Interim Result

III. Information Acquirement

1. Duration

2. Sources of Information

3. Interim Result

IV. Application and Allocation of Emissions Allowances

1. External Consultants

2. Application of Special Rules

3. Satisfaction with Allocated Allowances

4. Interim Results

V. Trading Activity and Consequences

1. Participation in Trading

2. Utilized Trading Mechanisms

3. Financial Benefits from Trading

4. Interim Results

VI. Project Mechanisms

1. Realization of CDM and JI Projects

2. Future of CDM and JI Projects

3. Interim Results

VII. Measures of Carbon Dioxide Emissions Reduction

1. Time Frame

2. Importance

3. Interim Results

VIII. Political Influences and Future Importance of Emissions Trading

1. Change of Government

2. Future Significance of Emissions Trading

3. Interim Results

Part D - Conclusion and Outlook

Part E - Annex: Methodology and Composition of the Sample

I. Basics

II. Data Collection

III. Present Data Material

IV. Analyses

References

Picture Credits

Credits

Imprint

For more information visit http://www.researchandmarkets.com/reports/c69597.