Carbon Laws Are Getting Delayed Across the Globe

Carbon policies have taken a backseat in the major economies after the Copenhagen Summit in December 2009. A legally binding international treaty is still in place for the UN (United Nations) countries after the failure of the recent United Nations Framework Convention on Climate Change (UNFCCC) Summit in Bonn, Germany. The carbon laws as well as climate bills proposed in the US, Japan and Australia have also been delayed due to certain political conditions. This could be seen as a hindrance in the formation of an international carbon market post-2012, as well as the negligence of the major economies towards emission control initiatives. If this scenario continues in the near future, the global carbon market is expected to downturn with not much mandatory government support to push the carbon market mechanism post-2012.

Scope

- Carbon Emissions Scenario
- Consequences of Copenhagen and Bonn Summits for UN Nations
- Delay in Climate Bills in the US and Japan
- Delay in the implementation of Australia’s Carbon Pollution Reduction Scheme (CPRS)

Reasons to buy

- Identify key growth avenues and type of investment opportunities in the carbon market
- Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies
- Facilitate decision-making based on upcoming policy developments in the carbon market