Carbon Trading; a new book helps you make fun of it more efficiently

A new book, "Carbon Markets: An International Business Guide", is calling itself a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change.

Here are obligatory puffy comments from people who are either making money or naive enough to believe it will work. Just insert 'ethanol' into 'carbon trading' and pretend it is 1999 and you'll see what we mean.

'Carbon markets are key to fighting climate change cost-effectively. This guide is timely as more and more countries follow Europe's lead in developing cap and trade systems. Linked together, these will establish a global carbon market over the coming years.'Stavros Dimas, European Commissioner for the Environment

'This book provides valuable insights into carbon markets, an important determinant of measures to mitigate emissions of greenhouse gases.'R.K. Pachauri, Chairman, Intergovernmental Panel on Climate Change (IPCC)

'The creation of political will requires strong and powerful arguments. That is the responsibility of us all and an important contribution of this book.'From the Foreword by Nicholas Stern

This book is a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change. Coverage includes:

• An overview of the problem of climate change, with a concise review of the most recent scientific evidence in different fields• A highly accessible introduction to the economic theory and different constitutive elements of a carbon allowances market• Explanation of the Kyoto Protocol and its flexibility mechanisms• Explanation of how the EU Emissions Trading Scheme works in practice• Ongoing developments in regulated carbon markets in the US• Up-to-the-minute coverage of regulated carbon markets in Australia• Developments in New Zealand and Japan• Carbon offsetting and voluntary carbon markets.

Combining theoretical aspects with practical applications, this book is for business leaders, financiers, carbon traders, lawyers, bankers, researchers, policy makers and anyone interested in market mechanisms to mitigate climate change.

The carbon emissions resulting from the production of this book have been calculated, reduced and offset to render the book ‘carbon neutral’.

Arnaud Brohe is a Managing Partner at CO2logic, a leading carbon advisory and carbon offsetting firm based in Brussels. Previously he worked as a carbon advisor for a consulting firm.

Nick Eyre is leader of the Lower Carbon Futures team at the Environmental Change Institute, Oxford University.

Nicholas Howarth is a specialist on carbon markets and energy investment at the Oxford University School of Geography and Environment, prior to which he was economic advisor to the Australian Environment Minister.

CO2logic, a leading advisory firm in the carbon markets, participates in the development of carbon reduction projects to generate carbon credits by implementing various flexibility mechanisms (CDM, Gold Standard, VCS). CO2logic also works with multinational companies to help them calculate, reduce and offset their greenhouse gas emissions to go "CO2 Neutral".

Carbon Markets: An International Business GuideAuthor: Arnaud Brohe, Nick Eyre and Nicholas HowarthPublication date: 06 July 2009Number of pages: 240ISBN number: 9781844077274Price: 29.95 GBP British Pounds