Table of contents
1 Introduction 1
2 Carbon markets and policies in 2009 2
2.1 Overview 2
2.2 EU ETS 2
2.3 CDM and JI 9
2.4 Global climate policy 12
3 Towards 2012 and beyond 14
3.1 Carbon trading in 2010 14
3.2 EU ETS 15
3.3 CDM 21
3.4 JI and AAU 23
3.5 United States 25
3.6 Other countries 31
3.7 Global negotiations 33
4 The return of the sovereign 39