Introduction to Emissions Trading Workshop Sunday, April 25, 2010         New Orleans, LA 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 a 2-hour trading computer-based simulation.   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.   Course Highlights the US-based SO2 and NOx markets international GHG emissions trading an overview of JI and CDM risk management techniques portfolio management strategies regional trading markets including California's Reclaim market contract basics transaction structuring; back office requirements . . . and much more. Event Info October, 20, 2009 9:00am - 5:00pm Westin Galleria, 5060 Alabama Street, Houston, TX Click here to register. Who Should Attend Traders, with or without experience in emissions or related commodities. Back office and accounting staff supporting emissions trading settlement and credit transfer. Legal staff supporting contract negotiation. Regulators and policy makers who want to understand the traders' perspective. Compliance planners responsible for integrating market decisions with technology choices. Consultants and project developers needing to advise clients on compliance strategies and market opportunities. Verification and monitoring experts who need to understand how measurement and monitoring regimes interact with pricing and contracts. Risk managers and senior management who oversee emissions trading operations. Students and teachers who want to understand the inner workings of the market. Click here to register. Agenda 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 Command and control (& its return in SO2 & NOx Markets?) The Cap and trade precedent: lessons learned thus far 9:45 - 10:45 AM     Module 2 - Conventional Market Fundamentals: What's Happening in SO2 & NOx Markets Credit-based systems Offsets US Acid Rain Program OTC and SIP NOx markets RECLAIM Proposed successor programs (CAIR, CAMR, and their legal issues) 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 How a Carbon Price Will Re-shape World Economies Earth Summit and the UNFCCC Kyoto Protocol Subsequent Accords & the Prospects for Kyoto Post-2012 2:15 - 3:15 PM    Module 5 - Emerging Market Fundamentals: What's Happening in Greenhouse Gas Emissions Markets EU-ETS developments  International offset markets (JI and CDM) US - Federal regulatory discussions US - Regional Market Formation (RGGI, WCI, etc.) Voluntary programs (Chicago Climate Exchange, Gold Standard and others) 3:15 - 3:30 PM   Break 3:30 - 4:15 PM    Module 6 - The Business of Trading I: Emission Contracts Master allowance agreement Key elements of a GHG contract 4:15 - 5:00 PM    Module 7 - The Business of Trading II: Portfolio Risk Management Basics Basic Terminology A Brief Intro to Options