“If regulations become too cumbersome the traded markets will decline.”
Interview with Jeff Swartz, Director, International Policy International Emissions Trading Association (IETA). He is a speaker at the upcoming EMART Energy on: “UN Carbon Markets: The Future of the CDM and new market mechanisms.”
1. Could you give your vision on the European Energy Transition, the central theme of EMART Energy 2012? What development do you expect to have the largest impact?
Government support for decarbonization of the energy sector and what it will mean for the European energy fleet in 2020 and beyond.
2. What future do you see for the traded markets? What will be the main challenges?
Regulations - if they become too cumbersome the traded markets will decline.
3. What excites you today about energy trading?
Opportunities in new markets-Australia, China, California
4. How would you describe the role of your company in the current industry?
The International Emissions Trading Association (IETA) is a nonprofit business organization created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions.
Our membership includes leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions, while balancing economic efficiency with environmental integrity and social equity.
IETA is dedicated to:
• the objectives of the United Nations Framework Convention on Climate Change and ultimately climate protection;
• the establishment of effective market-based trading systems for greenhouse gas emissions by businesses that are demonstrably fair, open, efficient, accountable and consistent across national boundaries; and
• maintaining societal equity and environmental integrity while establishing these systems.
Goals and Objectives IETA works for:
• the development of an active, global greenhouse gas market, consistent across national boundaries and involving all flexibility mechanisms: the Clean Development Mechanism, Joint Implementation and emissions trading;
• the creation of systems and instruments that will ensure effective business participation.
• To be the premier voice for the business community on emissions trading, the objectives for the organization are to:
• promote an integrated view of the emissions trading system as a solution to Climate Change;
• participate in the design and implementation of national and international rules and guidelines; and
• provide the most up-to-date and credible source of information on emissions trading and greenhouse gas market activity.
IETA’s membership spans the globe – with major energy, industrial, financial and service companies in virtually every jurisdiction. IETA is ideally positioned to assist in preparing local businesses to operate successfully in current and new markets.
5. In your view, what is the importance of the EMART Energy conference?
Meeting members and new members, learning about new trends and concepts.