Tuesday, June 9, 2009 at 14.00

How the Carbon Markets Work T14:00W

KING VAULT In under ten years, the value of the carbon markets has grown to over $100 billion, with volumes increasing strongly despite the credit crunch. The markets are now set for a further quantum step upwards with cap-and-trade legislation being proposed by President Obama. This session will review the fundamentals of just what is being traded in these markets, how derivatives are being used and the major trading opportunities. Chair: Robert Rabinowitz, Head of Training, European Climate Exchange