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The opinions expressed in these
articles do not necessarily represent the views or opinions of the
Emissions Marketing Association. Your comments are encouraged and can be
sent to: comments@emissions.org
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A Publication of the Emissions Marketing Association |
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Buying
and Selling Greenhouse Gas Emission Reductions: A Figment of Contract
By Mark Perlis EMA members know what they are trading when buying or selling SO2 or NOx emission allowances. The allowances are created under federal or state law, entitling holders to enforceable rights to emit specified amounts of the relevant pollutant. Allowance holdings are registered at EPA, permitting legal title to identifiable allowances to be transferred by traders. Click here to continue ...
Four Factors Suggest a Big Change in the SO2 Allowance Market
By David Wojick, PhD Emissions trading may be in for a big jolt in the next few years. At least four significant factors are converging on the market for SO2 allowances, maybe more. Together they have the potential to transform the market into something very different from what we have today. Today's SO2 market is successful, but modest. According to EPA data, in the last five years around 30 million tons have changed hands, with over 6,000 trades and about 65% of the action involving brokers. Prices have shown interesting volatility, enough to interest traders. So the market is real and credible, if not a screamer. But big changes are on the horizon. Click here to continue ... |
Also in this issue:
ASSESSING THE
EMISSIONS Prospects for SO2Trading in Phase II What to Expect as We Prepare for COP-6 Recent Activity in the Greenhouse Gas Emissions Trading Markets Prospects for the NOx Market in the Year 2000 and Beyond How Well are the Alternative and Local Markets Functioning? How Mature is the SO2 Derivatives Market? Traditional
Brokerage vs. Electrical Exchange -- |
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