DOCSLIB.ORG

Global Carbon Market Expands 10% in 2011

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Global Carbon Market Expands 10% in 2011 FOR IMMEDIATE RELEASE Wednesday 11 January 2012 CONTACT Guy Turner Bloomberg New Energy Finance +44 20 3216 4086 [email protected] GLOBAL CARBON MARKET EXPANDS 10% IN 2011 Analysis from Bloomberg New Energy Finance shows that in spite of a poor last quarter to the year, the value of the world's carbon markets expanded by 10% in 2011 London, January 10, 2012 – According to analysis by Bloomberg New Energy Finance, the value of the world carbon market increased to €92bn in 2011, a rise of 10% on €84bn in 2010. The main cause of this increase is additional market activity, with the volume of carbon changing hands increasing by 22% from 2010 to 2011. In 2011, some 8.2 billion tonnes (bnt) of carbon dioxide allowances were traded compared to 6.7bnt in 2010. The robust trading activity has in part been driven by increased volatility in the European market as traders have started to switch their attention from energy fundamentals to news and rumours about the future of the Eurozone. The 60‐day volatility in the EUA December 2012 contract nearly doubled from around 40% in October to 70% at the end of December. The latter half of 2011 also saw a notable increase in the trading of international carbon credits, including Certified Emission Reductions (CERs), Emission Reduction Units (ERUs) and Assigned Amount Units (AAUs) created under the Kyoto Protocol. An estimated 643Mt of CERs, ERUs and AAUs changed hands in Q4 2011 – more than twice as much as in Q2 and an increase of 27% compared with Q3. This increased activity was driven by high issuances of CERs, a spike in ERU trading as Ukrainian ERUs were sold before the ban on that nation’s ERU and AAU trading, and high transaction volumes on secondary markets as prices declined to record lows. The increase in traded volume across all markets was more than enough to offset a decline in the global weighted average price of carbon allowances, which fell by 10% from €12.4 in 2010 to €11.2 in 2011. The average price of European allowances over the year declined by 9% between 2010 and 2011,falling from €14.8/t to €13.4/t, while international carbon credits, or Certified Emission Reductions (CERs), reduced in price by 17% from €12.1/t to €10/t. See Figure 1. The gradual decline in average prices in 2011 is in sharp contrast to the increase in traded volume, which rose steadily throughout the year from 1.8bnt in Q1 to 2.4bnt in Q4 – an increase of 33%. This jump in trading activity was seen across both the European and international carbon credit markets (Figure 2). Bloomberg New Energy Finance expects the global carbon market to increase in value by a further 10% in 2012 as a result of greater use of auctioning in the EU Emissions Trading System (Figure 3). Guy Turner, director of carbon and power research at Bloomberg New Energy Finance, commented, "We previously warned that excessive volatility in carbon prices could drive traders out of the market. Evidence however is that this hasn't happened so far, in fact traders have been more active than ever! With the advent of more auctioning in the European scheme in 2012 we expect the value of the carbon market to increase again in 2012.” Figure 1: Historical prices (€/tCO2e) 20 18 Dec-11 EUA 16 14 12 10 Dec-11 CER 8 6 4 2 Spread 0 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 2010 2011 Figure 2 Quarterly traded volumes for main carbon markets, Q1 2009­Q4 2011 (Mt) 2,500 2,382 2,189 2,243 1,992 2,000 1,883 1,819 1,799 1,666 1,566 1,555 1,531 1,470 1,500 1,000 500 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2009 2010 2011 EUA sCER pCER AAUs ERU Others Figure 3. Carbon market value (€bn) 140 +10% 120 +10% +13% 101 +5% 100 92 +27% 84 80 80 +211 63 60 40 +106 +217 20 20 10 3 0 2005 2006 2007 2008 2009 2010 2011 2012 Others EUA sCER pCER AAUs Forecast Source: Trading figures taken from Bloomberg, ECX, Bluenext, EEX, CCX, Nordpool, other sources include UNFCCC and our own Bloomberg New Energy Finance estimations.”Others” includes RGGI and NSW GGAS. Annual change in total transacted volumes (Mt) 2010 2011 Change % change EU ETS Exchange traded 3,282 4,094 812 25% OTC, cleared across 2,191 2,310 120 5% exchange Total EU ETS 5,473 6,405 932 17% sCERs Exchange traded 392 483 91 23% OTC, cleared across 606 925 319 53% exchange ERUs 4 61 57 1371% Total sCERs & ERUs 1,001 1,469 468 47% pCERs 187 309 122 65% AAUs 29 35 6 21% Total CER market 1,217 1,813 596 49% Others 55 26 -29 -53% Total 6,745 8,244 1,499 22% Source: Bloomberg New Energy Finance Annual change in total transacted values (€/bn) 2010 2011 Change % change EU ETS Exchange traded 48 54 6 12% OTC, cleared across 22 22 0 1% exchange Total EU ETS 70 77 6 9% sCERs Exchange traded 5 4 -0 -10% OTC, cleared across 7 8 1 21% exchange ERUs 0.05 0.45 0 838% Total sCERs & ERUs 11 13 1 11% pCERs 2 3 1 61% AAUs 0.2 0.2 -0 -1% Total CER market 13 16 2 17% Others 0 0 -0 -15% Total 84 92 8 10% Source: Bloomberg New Energy Finance ABOUT BLOOMBERG NEW ENERGY FINANCE Bloomberg New Energy Finance (BNEF) is the world’s leading independent provider of news, data, research and analysis to decision‐makers in renewable energy, energy smart technologies, carbon markets, carbon capture and storage, and nuclear power. BNEF has staff of more than 200, based in London, Washington D.C., New York, Beijing, New Delhi, Hyderabad, Cape Town, São Paulo, Singapore, and Sydney. BNEF Insight Services provide deep market analysis to investors in wind, solar, bioenergy, geothermal, carbon capture and storage, energy efficiency, and nuclear power. The group offers Insight Services for each of the major emerging carbon markets: European, Global Kyoto, Australia, and the US, where it covers the planned regional markets as well as potential federal initiatives and the voluntary carbon market. Bloomberg New Energy Finance’s Industry Intelligence Service provides access to the world’s most comprehensive database of investors and investments in clean energy and carbon. The News and Briefing Service is the leading global news service focusing on clean energy investment. The group also undertakes applied research on behalf of clients and runs senior‐level networking events. New Energy Finance Limited was acquired by Bloomberg L.P. in December 2009, and its services and products are now owned and distributed by Bloomberg Finance L.P., except that Bloomberg L.P. and its subsidiaries (BLP) distribute these products in Argentina, Bermuda, China, India, Japan, and Korea. For more information on Bloomberg New Energy Finance: http://www.newenergyfinance.com ABOUT BLOOMBERG Bloomberg is the world’s most trusted source of information for businesses and professionals. Bloomberg combines innovative technology with unmatched analytic, data, news, display and distribution capabilities, to deliver critical information via the BLOOMBERG PROFESSIONAL® service and Multimedia platforms. Bloomberg's media services cover the world with more than 2,300 news and Multimedia professionals at 146 bureaus in 72 countries. The BLOOMBERG TELEVISION® 24‐hour network reaches more than 240 million homes. BLOOMBERG RADIO® services broadcast via Sirius XM Radio and 1worldspace™ satellite radio globally and on WBBR 1130AM in New York. BLOOMBERG MARKETS® magazine, Bloomberg Businessweek magazine and the BLOOMBERG.COM® Web site provide news and insight to business leaders and financial professionals. For more information, please visit http://www.bloomberg.com . The BLOOMBERG PROFESSIONAL service and data products are owned and distributed by Bloomberg Finance L.P. (BFLP) except that Bloomberg L.P. and its subsidiaries (BLP) distribute these products in Argentina, Bermuda, China, India, Japan and Korea. BLOOMBERG, BLOOMBERG NEWS, BLOOMBERG TELEVISION, BLOOMBERG RADIO, BLOOMBERG MARKETS AND BLOOMBERG.COM are trademarks and service marks of Bloomberg Finance L.P., a Delaware limited partnership, or its subsidiaries. All rights reserved. .
Load more

Recommended publications
  • QCB May Postpone 100% Loan-Deposit Compliance Deadline Amid Liquidity Shortfall Issues
    RBI CHIEF | Page 4 EMISSIONS ISSUE | Page 11 Aft er Rajan, VW ready with who? India $10bn plan; to search on devise fi x later Monday, June 20, 2016 Ramadan 15, 1437 AH EGYPT’S EXPENSIVE GRAIN: Page 3 World’s biggest GULF TIMES wheat buyer seen sowing confusion, BUSINESS reaping higher costs Gradual increase in QCB overnight QCB may postpone 100% deposit rate is ‘assumed’: MDPS loan-deposit compliance By Pratap John Chief Business Reporter Given the expected rate hikes by the Federal Reserve in the near term and the nature of the monetary policy under the Qatar Central Bank’s deadline amid liquidity (QCB) commitment to the exchange rate peg, a gradual increase in the QCB overnight deposit rate is assumed, the Ministry of Development Planning and Statistics (MDPS) has said. As Qatar’s currency is pegged to the US dollar, it has appreciated in both nominal and real effective terms since the middle of 2014, reducing imported shortfall issues: MDPS inflationary pressures, MDPS has said in its latest Qatar Economic Outlook (QEO) 2016-18. By Santhosh V Perumal The report said the nominal effective exchange rate Business Reporter (NEER) captures movements in bilateral exchange rates, weighted by respective volumes of trade flows. The NEER provides an accurate measure of iquidity issues may force the Qa- how the Qatari riyal is valued against the currencies tar Central Bank (QCB) to postpone of its major trading partners. The real effective Lthe deadline for compliance to 100% exchange rate (REER) adjusts for differential inflation loan-to-deposit ratio by one year to the end among its counterparts.
    [Show full text]
  • View the Bloomberg Terminal User Guide
    Press the <HELP> key twice for instant Helpx2 live assistance. bloomberg.com Frankfurt New York Singapore +49 69 9204 1210 +1 212 318 2000 +65 6212 1000 Hong Kong San Francisco Sydney +852 2977 6000 +1 415 912 2960 +61 2 9777 8600 London São Paulo Tokyo GETTING +44 20 7330 7500 +55 11 3048 4500 +81 3 3201 8900 The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG Order Management Systems (the “Services”) are owned and distributed locally by Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, STARTED Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BLOOMBERG, BLOOMBERG PROFESSIONAL, BLOOMBERG MARKETS, BLOOMBERG NEWS, BLOOMBERG ANYWHERE, BLOOMBERG TRADEBOOK, BLOOMBERG BONDTRADER, BLOOMBERG TELEVISION, BLOOMBERG RADIO, BLOOMBERG PRESS and BLOOMBERG.COM are trademarks and service marks of BFLP or its subsidiaries. ©2007 Bloomberg Finance L.P. All rights reserved. 26443337 1107 10006030 02 The Bloomberg Keyboard Keyboard and Navigation 04 Creating a Login Name and Password 06 Finding Information Autocomplete and the <HELP> Key 06 The Global Help Desk: 24/7 Interact with the Bloomberg Help Desk 08 Broad Market Perspectives Top Recommended Functions 09 Analyzing a Company Basic Functions for Bonds and Equities 10 Communication The BLOOMBERG PROFESSIONAL® Service Message System 11 Tips, Tricks, and Fun 12 Customer Support If you are not using a Bloomberg-provided keyboard, press the Alt + K buttons simultaneously to view an image of your keyboard.
    [Show full text]
  • Radio and Television Correspondents' Galleries
    RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES* SENATE RADIO AND TELEVISION GALLERY The Capitol, Room S–325, 224–6421 Director.—Michael Mastrian Deputy Director.—Jane Ruyle Senior Media Coordinator.—Michael Lawrence Media Coordinator.—Sara Robertson HOUSE RADIO AND TELEVISION GALLERY The Capitol, Room H–321, 225–5214 Director.—Tina Tate Deputy Director.—Olga Ramirez Kornacki Assistant for Administrative Operations.—Gail Davis Assistant for Technical Operations.—Andy Elias Assistants: Gerald Rupert, Kimberly Oates EXECUTIVE COMMITTEE OF THE RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES Joe Johns, NBC News, Chair Jerry Bodlander, Associated Press Radio Bob Fuss, CBS News Edward O’Keefe, ABC News Dave McConnell, WTOP Radio Richard Tillery, The Washington Bureau David Wellna, NPR News RULES GOVERNING RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES 1. Persons desiring admission to the Radio and Television Galleries of Congress shall make application to the Speaker, as required by Rule 34 of the House of Representatives, as amended, and to the Committee on Rules and Administration of the Senate, as required by Rule 33, as amended, for the regulation of Senate wing of the Capitol. Applicants shall state in writing the names of all radio stations, television stations, systems, or news-gathering organizations by which they are employed and what other occupation or employment they may have, if any. Applicants shall further declare that they are not engaged in the prosecution of claims or the promotion of legislation pending before Congress, the Departments, or the independent agencies, and that they will not become so employed without resigning from the galleries. They shall further declare that they are not employed in any legislative or executive department or independent agency of the Government, or by any foreign government or representative thereof; that they are not engaged in any lobbying activities; that they *Information is based on data furnished and edited by each respective gallery.
    [Show full text]
  • ANTENNA ODIBILOOP Di I0ZAN Per SWL – BCL (1°Parte) Di I0ZAN Florenzio Zannoni
    Panorama radiofonico internazionale n. 30 Dal 1982 dalla parte del Radioascolto Rivista telematica edita in proprio dall'AIR Associazione Italiana Radioascolto c.p. 1338 - 10100 Torino AD www.air-radio.it l’editoriale ………………. Il 10-11 Maggio si svolgerà a Torino il consueto Meeting radiorama annuale AIR. PANORAMA RADIOFONICO INTERNAZIONALE organo ufficiale dell’A.I.R. Per rendere piu moderna ed interessante la prima giornata, Associazione Italiana Radioascolto recapito editoriale: abbiamo deciso di cambiare formula . radiorama - C. P. 1338 - 10100 TORINO AD e-mail: [email protected] Presentazioni ridotte al minimo. Posto adatto al AIR - radiorama radioascolto, antenne di ricezione a disposizione per esperimenti, - Responsabile Organo Ufficiale: Giancarlo VENTURI - Responsabile impaginazione radiorama:Claudio RE - Responsabile Blog AIR-radiorama: i singoli Autori banchi con ricevitori, accessori ed ausili per il radioascolto a - Responsabile sito web: Emanuele PELICIOLI ------------------------------------------------- disposizione di tutti , con presentazioni di esperienze pratiche in Il presente numero di radiorama e' pubblicato in rete in proprio dall'AIR tempo reale. Associazione Italiana Radioascolto, tramite il server Aruba con sede in località Il tutto ritrasmesso come sempre via Internet, radio e Palazzetto, 4 - 52011 Bibbiena Stazione (AR). Non costituisce testata giornalistica, televisioni, oltre ad essere registrato per poi essere a disposizione non ha carattere periodico ed è aggiornato secondo la disponibilità e la reperibilità dei sul sito AIR. L’evento sarà denominato EXPO AIR . materiali. Pertanto, non può essere considerato in alcun modo un prodotto editoriale ai sensi della L. n. 62 del Bruno Pecolatto 7.03.2001. La responsabilità di quanto Segretario AIR pubblicato è esclusivamente dei singoli Autori.
    [Show full text]
  • “Thank You” to Your Service Customers with FREE SIRIUSXM
    Say “thank you” to your service customers with FREE SIRIUSXM. Give them whatever they want to hear, whenever they want to hear it. Over 17,000 participating Dealers have already signed up. Your customers can receive a free 2-month trial subscription*† to our best package when they bring in their factory-equipped vehicles for service. The All Access trial subscription New Vehicles includes the widest variety of entertainment available in a car. Plus, they can enjoy SiriusXM on their phone and online, where they can create their own Certified Pre-Owned ad-free Personalized Stations Powered by Pandora, hear over 100 ad-free Xtra channels of music, watch SiriusXM video, and more. It’s all included in their trial and it’s at no cost to you or your customers. SXM Pre-Owned Program This exciting program is an easy way to augment your Service Customer Loyalty programs and show your customers your gratitude for choosing your Service Lane Program shop. Join today and we’ll notify your qualifying customers of their trial so they can start enjoying SiriusXM. PROGRAM BENEFITS Complimentary 2-Month Trial Subscription*† to the SiriusXM All Access package with over 150 channels of ad-free music, plus sports, news, talk and entertainment — no strings attached No cost to you or to your customer No Dealer effort required to activate the trial for Service customers HOW IT WORKS Join the free Service Simple one-time dealership opt-in process Lane Program today at Once SiriusXM receives your Service data, we will notify your eligible SiriusXMDealerPrograms.com customers of their trial, courtesy of your dealership and SiriusXM Same great programming for even more customers No dealer effort required to promote program or activate trials for Service customers MONTH Sign up and we will do the rest.
    [Show full text]
  • China's Power Sector Heads Towards a Cleaner Future
    EMBARGOED TO 10AM Beijing Time, 27 AUGUST 2013 CONTACT (China) Jun Ying, Bloomberg New Energy Finance +86 10 6649 7522 [email protected] CHINA’S POWER SECTOR HEADS TOWARDS A CLEANER FUTURE China’s power capacity will more than double by 2030 and renewables including large hydro will account for more than half of new plants, eroding coal’s dominant share and attracting investment of $1.4 trillion. China’s power sector carbon emissions could be in decline by 2027. Beijing, 27 August 2013 – China’s power sector is expected to go through significant changes through to 2030, according to a new report released by Bloomberg New Energy Finance. China will add 88GW of new power plants annually from now until 2030, which is equivalent to building the UK’s total generating capacity every year. China is already the world’s largest power generator and its largest carbon emitter. Over the next two decades China could add more than 1,500GW of new generating capacity and invest more than $3.9 trillion in power sector assets. However, as a result of shifts in generation mix, China’s total power sector emissions could start declining as early as 2027. Bloomberg New Energy Finance analysed China’s power sector based on four scenarios. In the central scenario, dubbed ‘New Normal’, China’s total power generation capacity more than doubles by 2030, with renewables including large hydro contributing more than half of all new capacity additions. This, together with an increase in gas-based generation, would drive the share of coal-fired power generation capacity down from 67% in 2012 to 44% in 2030.
    [Show full text]
  • Digital Audio Broadcasting : Principles and Applications of Digital Radio
    Digital Audio Broadcasting Principles and Applications of Digital Radio Second Edition Edited by WOLFGANG HOEG Berlin, Germany and THOMAS LAUTERBACH University of Applied Sciences, Nuernberg, Germany Digital Audio Broadcasting Digital Audio Broadcasting Principles and Applications of Digital Radio Second Edition Edited by WOLFGANG HOEG Berlin, Germany and THOMAS LAUTERBACH University of Applied Sciences, Nuernberg, Germany Copyright ß 2003 John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester, West Sussex PO19 8SQ, England Telephone (þ44) 1243 779777 Email (for orders and customer service enquiries): [email protected] Visit our Home Page on www.wileyeurope.com or www.wiley.com All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham Court Road, London W1T 4LP, UK, without the permission in writing of the Publisher. Requests to the Publisher should be addressed to the Permissions Department, John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester, West Sussex PO19 8SQ, England, or emailed to [email protected], or faxed to (þ44) 1243 770571. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold on the understanding that the Publisher is not engaged in rendering professional services. If professional advice or other expert assistance is required, the services of a competent professional should be sought.
    [Show full text]
  • 2020 Impact Report 2 Contents Approach Reducing Our Emissions Supporting Climate Action Investing in Our People Driving Social Change
    Contents Approach Reducing our emissions Supporting climate action Investing in our people Driving social change Approach Message from Mike 03 About this report 04 About Bloomberg L.P. 05 Governance 06 Stakeholder engagement 07 Risk management 08 Climate scenario analysis 10 Materiality assessment 14 Sustainability strategy 16 COVID-19 spotlight The business of resilience 18 Environmental impact Reducing our emissions 21 Supporting climate action 30 Social impact Investing in our people 44 Driving social change 51 2020 Impact Report 2 Contents Approach Reducing our emissions Supporting climate action Investing in our people Driving social change Message from Mike. Despite the enormous challenges of the COVID-19 pandemic, the world is well-positioned to take great steps forward in the fight against climate change. Governments are eager to respond to the fallout from the pandemic in ways that Our company has increased the environmental, social and governance (ESG) data make their economies stronger, more sustainable and more resilient. Business leaders and research we provide, and we have also introduced products to help clients better recognize the risks they face and understand that the same steps that cut carbon assess climate-related risks and opportunities, including new sustainability scores. emissions also help to spur growth and promote stability. The public wants power In 2020, we launched Bloomberg Green, the world’s definitive news source sources that won’t poison the air they breathe. And markets increasingly favor clean dedicated to the business, science and technology of climate change. energy over fossil fuels as the cost of renewable power continues to drop. Virtually all of our company’s profits go to fund the work of Bloomberg Philanthropies The year ahead can set the stage for a decade of transformational change — but only and, in 2020, our foundation expanded our efforts to drive action on climate change.
    [Show full text]
  • ABBREVIATIONS EBU Technical Review
    ABBREVIATIONS EBU Technical Review AbbreviationsLast updated: January 2012 720i 720 lines, interlaced scan ACATS Advisory Committee on Advanced Television 720p/50 High-definition progressively-scanned TV format Systems (USA) of 1280 x 720 pixels at 50 frames per second ACELP (MPEG-4) A Code-Excited Linear Prediction 1080i/25 High-definition interlaced TV format of ACK ACKnowledgement 1920 x 1080 pixels at 25 frames per second, i.e. ACLR Adjacent Channel Leakage Ratio 50 fields (half frames) every second ACM Adaptive Coding and Modulation 1080p/25 High-definition progressively-scanned TV format ACS Adjacent Channel Selectivity of 1920 x 1080 pixels at 25 frames per second ACT Association of Commercial Television in 1080p/50 High-definition progressively-scanned TV format Europe of 1920 x 1080 pixels at 50 frames per second http://www.acte.be 1080p/60 High-definition progressively-scanned TV format ACTS Advanced Communications Technologies and of 1920 x 1080 pixels at 60 frames per second Services AD Analogue-to-Digital AD Anno Domini (after the birth of Jesus of Nazareth) 21CN BT’s 21st Century Network AD Approved Document 2k COFDM transmission mode with around 2000 AD Audio Description carriers ADC Analogue-to-Digital Converter 3DTV 3-Dimension Television ADIP ADress In Pre-groove 3G 3rd Generation mobile communications ADM (ATM) Add/Drop Multiplexer 4G 4th Generation mobile communications ADPCM Adaptive Differential Pulse Code Modulation 3GPP 3rd Generation Partnership Project ADR Automatic Dialogue Replacement 3GPP2 3rd Generation Partnership
    [Show full text]
  • MEDIA KIT 2019 WKTV Intro
    MEDIA KIT 2019 WKTV Intro CEO Greeting 전 영 남 WKTV Cable Network & Radio Network is a premier multicultural media (RON CHUN) company focused on serving Korean communities in the United States. WKTV CEO/Chairman WKTV, our flagship station, was founded in 1986, Since then, it has provided direct access to the most entertaining and compelling Korean television programs. Currently, WKTV Cable Network & Radio Network is providing local and nationwide cable companies with various Korean programs on WKTV Channels 1, 2, and 3, along with Korea Today Radio Network XM Channel 144, through the Sirius XM National Platform. WKTV Channel WKTV CH1 WKTV CH2 WKTV CH3 WKTV CH1 KBS (Korea Broadcasting System) News, Drama, Variety/Entertainment Show programs, and local programs WKTV CH2 MBN, News Y, Channel A, TV Chosun, CGN, National News, Drama, Culture, Vaudeville, and Documentary programs WKTV CH3 MBC (Mun-hwa Broadcasting Corporation) News, Drama, Variety/Entertainment Show programs, and local community programs WKTV Channel CHANNEL 450 & 668 (WKTV1) KBS content & Local programs General Programming Channel with an array CHANNEL 451(WKTV2) MBN, News Y, Channel A, of various content TV Chosun, EBS & Local programs CHANNEL 452(WKTV3) MBC content & TV commercial & Local programs Service Area Korean Population CA VA, DC & MD Korean Population: DC, VA & MD Est. 1,250,000 Korean Population: Korean Population: (Census 520,000) LA & SD Est. 250,000 Est. 300,000 (Census : 152,000) Korean Population: Est. 1,250,000?? Service Area VA DC & MD CA (Orange County) WKTV 1 (Cox 450) (Comcast 668) WKTV 1 WKTV 2 WKTV 2 (Comcast 668) (Cox 451) (COX 474) WKTV 3 (Cox 452) WKTV & Subscribers WKTV 1986 Established as the first Korean-American TV Broadcast Station in the Washington Metropolitan Area.
    [Show full text]
  • Sirius XM Radio V. Hegar
    FILED 20-0462 7/15/2020 11:13 AM tex-44534895 SUPREME COURT OF TEXAS BLAKE A. HAWTHORNE, CLERK No. 20-0462 IN THE SUPREME COURT OF TEXAS SIRIUS XM RADIO INC. Petitioner v. GLENN HEGAR, COMPTROLLER OF PUBLIC ACCOUNTS OF THE STATE OF TEXAS, AND KEN PAXTON, ATTORNEY GENERAL OF THE STATE OF TEXAS, Respondents. On Petition for Review from the Third Court of Appeals, Austin Cause No. 03-18-00573-CV BRIEF OF COUNCIL ON STATE TAXATION AND TEXAS TAXPAYERS AND RESEARCH ASSOCIATION AS AMICI CURIAE IN SUPPORT OF PETITIONER Curtis J. Osterloh State Bar No. 24002714 [email protected] SCOTT DOUGLASS & McCONNICO LLP 303 Colorado Street, Suite 2400 Austin, TX 78701 (512) 495-6300 Phone (512) 495-6399 Fax COUNSEL FOR AMICI CURIAE COUNCIL ON STATE TAXATION TABLE OF CONTENTS STATEMENT OF INTEREST .............................................................................. 1 ARGUMENT ........................................................................................................... 3 I. Uniformity and Certainty Over How Service Receipts Are Sourced is Needed Because the Court of Appeals Did Not Provide Predictable or Clear Rules. ........................................................ 3 A. The Court of Appeals’ Decisions in Sirius XM and Westcott Conflict with One Another. .............................................................. 4 i. The Court of Appeals Treats Taxpayers Providing the Same Type of Service Differently. .............................................................. 5 ii. There Are Two Distinct Approaches to Sourcing Services
    [Show full text]
  • Sirius Xm Radio Inc
    SIRIUS XM RADIO INC. FORM 10-K (Annual Report) Filed 02/06/13 for the Period Ending 12/31/12 Address 1221 AVENUE OF THE AMERICAS 36TH FLOOR NEW YORK, NY 10020 Telephone 212-584-5100 CIK 0000908937 Symbol SIRI SIC Code 4832 - Radio Broadcasting Stations Industry Broadcasting & Cable TV Sector Services Fiscal Year 12/31 http://www.edgar-online.com © Copyright 2013, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2012 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO ________ COMMISSION FILE NUMBER 001-34295 SIRIUS XM RADIO INC. (Exact name of registrant as specified in its charter) Delaware 52-1700207 (State or other jurisdiction of (I.R.S. Employer Identification Number) incorporation or organization) 1221 Avenue of the Americas, 36th Floor New York, New York 10020 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (212) 584-5100 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class: Name of Each Exchange on Which Registered: Common Stock, par value $0.001 per share The Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None (Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]