North America
With the launch of the Regional Greenhouse Gas Initiative and the Alberta reduction programme, tentative shifts in Canada’s position towards carbon reductions, as well as the commitment of the Obama administration, it looks increasingly likely that some form of cap and trade scheme will be implemented in North America. The North American carbon research service has been analysing these markets since 2007 and now provides the most complete analysis of the existing and potential cap-and-trade programmes in the US, Canada and Mexico.
Our North American analysis tracks and analyses policy developments at regional and federal level, as well as the voluntary and pre-compliance markets. Our quarterly Deep Dive reports provide a comprehensive round up of the latest developments as well as fundamental demand supply balances and price projections for each of the potential regional or federal markets. These are complemented by our Research Notes and Analyst Reactions which analyse in detail key issues covering policy developments and issues specific to power, industrial, transport or offsetting sectors, as well as the carbon industry itself.
All fundamental analysis originates from our quantitative carbon market models. Our North American model analyses demand and supply sources to create proprietary price paths for carbon prices under each potential compliance regime. The model covers emissions from all sectors and all states/provinces, plus a full spectrum of abatement options including the industrial and power sectors as well as the import of domestic and international credits. Due to the uncertainty associated with the final design of the trading programme, our model has been designed with maximum flexibility to enable users to understand the price implications of different scheme designs and economic scenarios.
