Introduction to Emissions Trading Workshop

Monday, September 27 Chicago, IL

Are you new to emissions trading or have an interest in environmental markets? Do you need to know the basics of cap and trade? Join EMA and instructors with over a decade of experience for a full day of training. This course also includes the newest version of a team based 2-hour trading computer-based simulation. The simulation now includes managing CO2, SO2 and NOX trades. Be one of the first participants of this new tool!

Course Description:

This workshop, from The Environmental Markets Association (EMA), is the premier course for professionals who need to understand the fundamentals of the emissions markets and how they operate. Introduction to Emissions Trading is a constantly changing course that reflects the current state of knowledge in the evolving emissions marketplace. It requires no prior trading knowledge.

This workshop will give you the knowledge and experience you need to succeed in today's growing emissions markets.

Places at the workshops are strictly limited to maximize the opportunity for interaction between students and the highly experienced industry-based instructors. Register today to guarantee a place.

Agenda - Westin Hotel (Michigan Avenue)

9:00 - 9:15 AM Introduction: What it means to put a price on pollution
9:15 - 9:45 AM Module 1 - Conventional Market Basics
9:45 - 10:45 AM Module 2 - Conventional Market Fundamentals: What's Happening in SO2 & NOx Markets
10:45 - 11:00 AM Break
11:00AM - 1:00 PM Module 3 - Emissions Trading Simulation Hands-on, computer-based, team exercise
1:00 - 1:30 PM Lunch
1:30 - 2:15 PM Module 4 - Emerging Market Greenhouse Gas Basics
2:15 - 3:15 PM Module 5 - Emerging Market Fundamentals: What's Happening in Greenhouse Gas Emissions Markets
3:15 - 3:30 PM Break
3:30 - 4:15 PM Module 6 - The Business of Trading I: Emission Contracts
4:15 - 5:00 PM Module 7 - The Business of Trading II: Portfolio Risk Management Basics

 

Carbon Markets Masterclass (Chicago)

A practitioner's guide to strategies for competitive advantage in the post-carbon economy

Chicago, IL ~ Thursday, September 30, 2010

Westin Hotel (Michigan Avenue)

This one-day course, led by emissions trading expert Thaddeus J. Huetteman, will use real-life and simulated business scenarios to prepare you to make investment and execution decisions across a range of carbon market opportunities.

By the end of the day you will have a rich understanding of the tools of emissions trading and know how to exploit them to your advantage.

KEY BENEFITS OF ATTENDING:

• Optimize your business opportunities – gain a deep understanding of existing and planned carbon markets, so you have all the information you need to maximize investment opportunities as they arise

• Understand relevant risk management techniques - learn how to manage portfolios of carbon assets and liabilities in an often uncertain policy environment

• Highly interactive format – put your pressing questions to the course leader and discuss the issues that are most important to you and your business

THIS IS A MUST-ATTEND COURSE FOR:

• Executives in emitting companies with new reporting requirements for carbon emissions

• Executives in non-emitting companies undertaking sustainability initiatives or carbon offset programs

• Traders experienced with other commodities hired to manage carbon positions

• Government officials undertaking oversight responsibilities for carbon market regulation

• Lawyers seeking to expand their practices in carbon

• Investors/analysts evaluating opportunities in the carbon

Speakers

Thaddeus J. Huetteman is an internationally recognized expert in the area of emissions credit trading and environmental compliance and boasts over 30 years of experience in this field.

He is President of Power & Energy Analytic Resources (PEAR) which publishes the PEAR Emerging Markets Outlook, PEAR Emissions Market Meter and for the past three years, has been named “Best Advisory/Consultancy – US Emissions/All Markets” by the readers of magazine.

He is also Chairman of the Environmental Markets Association and was involved in efforts to formulate regulations for early emissions trading programs in the US. He created the first trade newsletter to cover allowance prices and emissions trading and developed one of the first SO2 allowance forecasting models.

From 1986–89, he was director of coal market forecasting for DRI/McGraw-Hill. He began his career as an energy policy analyst for the US Environmental Protection Agency.      

William Thomas is counsel in the Environmental and Climate Change practices of Skadden, Arps, Slate, Meagher & Flom. He advises companies, financiers, developers and other enterprises on all aspects of environmental law, including issues arising in connection with transactions and projects, formulation of management and legal compliance strategy, and litigation and disputes involving environmental, health and safety (EHS) matters.

He is highly regarded in the area of climate change, including climate law and policy and carbon finance. Specific experience in this emerging field includes: conducting greenhouse gas (GHG) due diligence, applying carbon and other environmental standards, and drafting and negotiating related provisions in transactional and financing documents in connection with mergers, acquisitions, financing of projects, and other ventures; advising clients on international, federal, and state GHG regimes and initiatives, including the UN Framework Convention on Climate Change and the Kyoto Protocol (e.g., Clean Development Mechanism and Joint Implementation processes); and counseling companies, utilities, and financiers on emissions trading activities, GHG emission reduction projects, voluntary carbon market issues, and matters of carbon strategy and governance, including policies, management systems, disclosure and offsetting efforts.

Mr. Thomas also serves on the board of directors of The Climate Group and the Carbon Markets & Investors Association, the Advisory Committee to the Carbon Disclosure Standards Board, the U.S. Advisory Council to the Carbon Disclosure Project, the IUCN Commission on Environmental Law and the external advisory board to the Erb Institute for Global Sustainable Enterprise at the University of Michigan.      

 

Program

8:00 Registration
8:30 Potential sources of carbon market advantage: economics perspective
9:10 Carbon strategy in an evolving legal & policy landscape William Thomas, Skadden Arps
9:50 Review of emission market basics & discussion of methods - Round 1 strategic analysis review & market conditions release
10:20 Morning break
10:40 Post-Copenhagen supply dynamics - international carbon offsets - Round 2 strategic analysis review & market conditions release
11:15 Emissions market trading simulation (75 minute group activity)
12:30 Lunch (incl guest briefing on impact of Financial Reform Law)
1:15 Near-term domestic market carbon allowance demand dynamics - Round 3 strategic analysis review & market conditions release
2:00 Near-term domestic market carbon offset supply dynamics - Round 4 strategic analysis review & market conditions release
2:30 Afternoon break
2:45 Long-term supply-demand dynamics - Round 5 strategic analysis review & market conditions release
3:15 Risk management - practice in post-collapse financial markets Gary Hart, ICAP
4:00 Putting it all together

Basics of Organizational GHG Accounting

Thursday, September 30, 2010 Chicago, IL In conjunction with Carbon TradeEx

Westin Hotel (Michigan Avenue)

Many companies and other organizations are taking action to manage their greenhouse gas (GHG) emissions, a cause of climate change. Starting with an inventory of their sources and emissions (e.g., carbon footprint) is an essential first step to assessing risks, reducing emissions and tracking performance.

This training course will cover the basics of GHG accounting for organizations. The course materials are based on the WRI/WBCSD GHG Protocol Corporate Standard, while referring to the ISO 14064: Part 1 international standard for GHG inventories. A personal ISO 14064: Part 1 license is issued to each learner as part of this course.

The material taught in this course serves as the basis for almost all of the entity-level GHG reporting programs in the world, such as:

• Carbon Disclosure Project
• U.S. EPA Climate Leaders
• U.S. DOE/EIA 1605(b) program
• The Climate Registry
• The California Climate Action Registry
• The Chicago Climate Exchange
• Mexico GHG Program
• Philippine GHG Accounting & Reporting Program

The course includes quizzes and exercises to help you learn to apply key lessons.

A Certificate of Participation is included as part of the course. A Certificate of Proficiency is available for an additional fee and requires the passing of an exam after completion of the course.

Key concepts covered include:

• GHG accounting principles
• Defining applications for GHG inventories
• Design and development of GHG inventories
• Establishing GHG boundaries for an organization
• Identifying emission sources
• Tracking emissions over time, recalculations and establishing a base year
• Setting GHG reduction targets
• Inventory quality management
• Preparing a GHG inventory report
• Preparing for verification

COURSE LESSONS

• Introduction and Overview
• Business Applications
• Organizational Boundaries
• Operational Boundaries
• Tracking, Calculating, Reporting and Managing
• Data Collection and Calculation
• Additional Technical Issues
• Inventory Quality Management
• Elements of GHG Inventory Reports
• Next Steps

Who should attend:

Anyone with an interest in GHG management, in particular GHG inventory managers, corporate environmental and sustainability managers, investors and auditors. For example, a client says he wants his company to be “carbon neutral” and you are asked to help them understand their carbon footprint. This course will enable you to intelligently address the issues necessary to assess this organization’s GHG emissions.

This course was jointly developed by the World Resources Institute and the GHG Management Institute.

Course Developer(s): WRI- Taryn Fransen and Angel Hsu

Instructor(s): Michael Gillenwater, Neil Kolwey, Taryn Fransen, Cynthia Cummis and Lisa Grice