This technical note discusses the issues related to the carbon markets: emissions trading approaches (Cap and Trade, Baseline-credit and offset), legal framework (Kyoto Protocol), and two key mechanisms of credit creation, the Clean Development Mechanism and Joint Implementation , creating and trading carbon credits (CERs) (markets, such as OTC and organized exchanges, such as the Chicago Climate Exchange), examples of investors in the carbon market (carbon funds) and carbon index set, the latest developments in carbon markets in the United States, such as Regional Greenhouse Gas Initiative and the Western Climate Initiative.; investment and the considerations and factors influencing pricing in carbon markets "Hide
by Giorgos Allayannis 20 pages. Publication Date: April 7, 2009. Prod. #: UV2543-PDF-ENG