||Main Conference Day One – Tuesday 6 March 2018
Main Registration and Coffee
Chairman’s Opening Remarks
||Clarifying the terms of Article 6 and the new global environmental policy landscape
- Outlining the most recent reforms to the Paris Agreement and their consequences
- How have JCMs been clarified in policy and what will be their effect on carbon markets?
- To what extent do the terms support private business?
- Evaluating the prospects of carbon trading clubs
- Assessing the effects of US withdrawal from the Paris Agreement – the good and the bad
- Can China emerge as the next world environmental leader following the US withdrawal?
||Outlining updated terms of EU ETS legislation and their implications for the carbon markets
- Reviewing and analysing the EU ETS directive reforms
- Anticipating the effectiveness of the reforms to increase the carbon price – a timeline from 2018
- What remain the points of contention?
||The Market Stability Reserve: Is 24pc the right number to move the carbon price?
- Analysing the reforms of the MSR and anticipating the impact on the carbon price
- How will the MSR work?
|| Networking Break
||Can EU ETS policy makers keep up with energy reforms around carbon reduction to secure a desirable carbon price?
- Outlining energy policies in renewables and reforms to the Energy Efficiency Directive
- Assessing the outlook for European carbon taxes
- Evaluating the impact of the Innovation Fund
- Are companies keeping up with the low carbon transition?
- To what extent can ETS legislation keep pace with wider low carbon energy policy?
||Panel Discussion: How will the UK’s emissions trading model fit into the EU ETS post-Brexit?
- How much is known about the UK’s plans for emissions trading post-Brexit?
- What options are available for UK emissions trading?
- What is the most likely outcome?
- How might post-2020 specifications adapt to the UK leaving the EU ETS
||Panel Discussion: Post-2020: What can the market expect for phase 4 of the EU ETS?
- Assessing government ambitions post-2020 and dissecting how they will be implemented in the member states
- How will free allocations be assigned and how will they be restricted?
- Are the plans for post-2020 enough to boost the carbon price effectively?
- Anticipating how the private-sector will respond to planned reforms post-2020?
||Analysing the structures of the Chinese ETS
- Outlining the structure and coverage of the Chinese ETS
- Assessing the positives and challenges seen in the Chinese ETS
||Will the Chinese ETS open up new pathways in global environmental co-operation?
- How might the Chinese ETS influence the prospects of carbon leakage?
- How will the Chinese ETS influence policies of global private businesses?
- What does the nationalisation of the Chinese ETS mean for the future of linkage and more extensive global environmental political collaboration?
||Panel Discussion: Assessing new opportunities in the Chinese ETS
- Who are the main participants in the markets?
- To what extent will the Chinese market open up to foreign business, and how to get involved
- Analysing challenges in foreign exchange
- What does the future look like for the Chinese ETS – scope and volume?
||Live Polling: What do you anticipate for the Chinese ETS?
||Investigating key progress in US emissions trading
- Outlining progress in the California-Quebec and Ontario model
- Anticipating emissions trading in new states
- Assessing opportunities in the US markets
- Forecasting the market pricing outlook
|| Networking Break
||Evaluating legislation and prospects in the South Korean markets
- Digesting the structure and operations of the South Korean ETS
- Investigating opportunities in the South Korean ETS
- How the South Korean ETS has emerged as the driving environmental initiative on the climate agenda
||Panel Discussion: Where are the opportunities and successes in global emissions trading systems?
- Assessing the prospects of a cap-and-trade system in India
- What will the Kazakhstan model look like and achieve?
- What are the opportunities in New Zealand?
- Comparing the structures, successes and challenges in international emissions trading schemes
||Panel Discussion: Clarifying developments in the ICAO market-based mechanism
- Outlining what we know of the ICAO structure
- How and when will the system be rolled out?
- Assessing the expectations of trading dynamics in the markets
||Will the ICAO market-based mechanism help mobilise new schemes in the wider transport sector?
- How will the transport sector support the low-carbon agenda?
- Does the ICAO system act as a good model for the wider transport sector to work on?
- What are the prospects for the shipping sector to create an emissions trading mechanism?
||Networking Drinks Reception
|| Main Conference Day Two – Wednesday 7 March 2018
|| Main Registration and Coffee
|| Opening Remarks
||Outlining trends in demand and supply across the EU market
- Supply and demand in the first quarter
- Analysing drivers in market changes
- Forecasting supply and demand in 2018 and beyond
||Reviewing the outlook for coal plant closures and the impact on carbon pricing
- Outlining the extent and pace of coal plant closures in Europe and ambitions of the Air Quality Directive
- How this will correspond to changes in the carbon markets?
- How will China opening up international coal sales change the landscape for European coal plants?
- Assessing the profitability of coal plants and the effect of reforms on dark spreads
||Panel Discussion: An in-depth assessment of pricing and market drivers
- Analysing the market price
- Forecasting pricing trends
- Evaluating the prospects of confidence and stability in the carbon price in 2018 and beyond
- Weighting fundamentals against each other, assessing their relative influence on the carbon markets, including: coal, battery, nuclear, weather, renewables, energy efficiency, gas, transport electrification and electricity pricing
- Live polling: during this panel you will be able to vote on questions regarding pricing and market drivers — find out what the industry’s top professionals expect
||Panel Discussion: How will utilities’ hedging strategies adapt to legislative changes?
- Assessing current hedging strategies
- Anticipating hedging to change in response to reforms and how will this influence the trading landscape?
- How much flexibility is there in hedging the carbon price?
||Case Study: Does the carbon price disadvantage eastern Europe by its influence on power pricing?
- To what extent will the cost of carbon be passed onto consumers?
- To what extent will a carbon price rise affect electricity demand?
- Are there differences in the impact on eastern Europe as opposed to western Europe?
||Reviewing how MiFID II has affected trading
- Assessing the implications for those caught by MiFID II thresholds
- How has MiFID II affected trading?
||To what extent are credit ratings changing as a consequence of the carbon price?
- How are banks incorporating the cost of carbon into credit ratings?
- To what extent can companies gain good yields through investments in fossil fuels?
||Spotlight: Evaluating new opportunities in forestry credits
- How the forestry industry is being protected through forestry credits
- Outlining market developments and opportunities in forestry credit trading
||Forecasting the pricing outlook in the voluntary market
- Outlining pricing developments in the voluntary market
- The price forecast in the short-to-medium term
- Assessing the future prospects of verified emissions reductions (VERs)
||Panel Discussion: Growing demand in the voluntary markets: where are the opportunities?
- Reviewing VER supply and demand
- Evaluating who is entering the voluntary markets and where the greatest opportunities lie
Roundtables will be led by key companies regulated in emissions trading markets discussing challenges and expectations
||Close of conference