Source: CCAP newsletter 

At the 2nd Annual Carbon Markets North America Conference in Miami from Jan. 15-16, CCAP International Policy Director Alexander Ochs discussed the outcomes of the recent UN Climate Conference in Poznan, coupled with implications for global carbon markets and prospects of international and U.S. climate policy. “While disappointing to many, it is important to see the results of Poznan in the right light,” Ochs said. “Among experts, expectations had never been high. This COP was a stop-over on the way from the seminal 2007 Bali meeting to the 2009 conference in Copenhagen – the much-anticipated summit that will have to deliver the basic architecture for a post-2012 climate deal.” Poznan delivered an operational work-plan for a precursor to Copenhagen. Ochs outlined some of the necessary components of a future global climate agreement between the United States, Europe and major emerging economies. “We will need the architectural basics of the deal in Copenhagen, including industrialized countries’ emissions targets,” Ochs said. “The years 2010 and 2011 can then be used to reach agreement on details of a deal between them and the developing countries. If the U.S. moves quickly at home, it will be able to join the EU in its leadership position internationally — and that is what the world is really waiting for.” (Source: CCAP Jan 2009 Newsletter)