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Climate Impact CalculatorCarbon is one of the world's fastest growing commodities. Over 5 billion tonnes have been traded in the last three years alone. Global carbon markets were worth billion (€47 billion) in 2007, up form around billion in 2006. The market saw transactions for 2.9 billion tonnes of CO2e where the EU ETS accounted for 70 per cent of the volume and over 78 per cent of the value (Source: World Bank).The next few years are expected to witness futher transformation and growth, with a new global agreement to limit carbon emissions and the likely emergence of substantial carbon markets across North America and Australia. According to the Congressional Budget Office, current legislation being considered in Congress would create a market valued at billion in 2012 in the US alone (Source : European Climate Exchange). The act of recycling fundamentally leads to a reduction of carbon emissions and other Green House Gases (GHG). Recycling efforts by industrial entitities may be best rewarded by establishing a tax credit system in lieu of Carbon Offset Credits. TerminologyListing ValueThe Listing Value is calculated by multiplying the quantity and the market price of the grade of material noted in the exchange listing.
The reported value is USD funds.
The MTCE value is calculated using carbon reduction data noted in the US EPA WARM Model documentation. This value represents the
Carbon emmission reduction resulting from the act of recycling the grade of material noted in the Exchange Listing.
This value is calculated using the value of CO2 as published by the Chicago Climate Exchange (CCX) multiplied by the
MTCE value. The carbon offset value is reported in USD. Currently this value is conceptual in nature. This value is based on the position that :
This value represents the sum of the exchange Listing's value, the Estimated Carbon Offset Value and the Proposed
Sustainability Tax Credit Valuation of the material.
The valuation is reported in US funds .
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