Press Release

Carbon Global Market Reached $138.3 Billion in 2009 and is Poised for Robust Growth Post 2012


May 12th, 2010

Global Information, Inc. would like to present a new market research report, "The Global Carbon Trading Market: Concepts, Regulations and Industry Trends to 2020" by GBI Research.

Between 2005 and 2009, the emerging global carbon market grew at a compound annual growth rate (CAGR) of 89% from $10.9 billion to $138.3 billion respectively. The European Union (EU) Emission Trading System (ETS) also experienced robust growth during this period. According to GBI Researchs industry forecasts, "the global carbon trading market will experience a dramatic growth after 2012 and reach $1.2 trillion by 2020. The EUs initiatives to build a broad, globally linked carbon market, the prospective US Federal cap-and-trade program and the strong emergence of other regional market trading mechanisms will drive the carbon market significantly beyond 2012."

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Carbon substantiality is now a core business issue.

The carbon management landscape for companies has witnessed a significant change in the past few years. No longer a branding or a compliance issue, carbon substantiality is now a core business issue. "Global business houses and corporations across all verticals are of the view that there is a need to make carbon sustainability truly viable by practicing it in an economically sustainable manner," say analysts at GBI Research. Corporation efforts to reduce carbon emissions have dramatically risen and strategies to minimize the effects of climate change have reached new heights. Companies are transforming business value by managing the risks and opportunities associated with climate change. In short, carbon management is increasingly becoming a main-stream business function due to higher awareness of the business value associated with a broader approach to carbon management. "GBI Research predicts that the current climate policy and corporate carbon exposure are likely to decrease profits for corporations. Eventually, in the long run, major cost of compliance will be passed on to the consumers. Hence, early movers on climate change are likely to gain and likely to stay ahead of the regulatory compliance curve. In todays carbon constrained economy, the success of any business strongly depends on its ability to manage the associated risks and to also transform such risks into future growth opportunities.

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Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

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