The Carbon Market 10.09.2014
The ICE exchange from London closed down its operations on September 10:
- EUA spot closed at € 6.1
- EUA DEC14 futures closed at € 6.11
- CER futures contract Dec14 closed at € 0.15
- Brent Crude Front Month trade at $ 98.1
- German Power Front Month trade at € 34.1
International Carbon Market
Carbon surge drives greenhouse gas levels to record- WMO
The amount of greenhouse gases in the atmosphere reached a record high in 2013 driven by a surge in the level of carbon dioxide, the World Meteorological Organization said on Tuesday, urging international action to combat climate change.
The Greenhouse Gas Bulletin showed that between 1990 and 2013 there was a 34% increase in radiative forcing – the warming effect on our climate – because of long-lived greenhouse gases such as carbon dioxide (CO2), methane and nitrous oxide.
For more information, please see WMO’s press release.
Source: World Meteorological Organization, Geneva, 9 September 2014