The CO2 Emissions Market 02.06.2015
The ICE exchange from London opened down its CO2 operations:
- EUA spot opened at € 7.24
- EUA Dec 15 futures opened at € 7.28
- CER Dec 15 futures opened at € 0.44
- Brent Crude spot: $ 64.90
- German Power Front Month (June 15): € 29.24
International Events: Carbon Expo Barcelona
The most important conference on climate change, Carbon Expo 2015 was held last week in Barcelona (26 – 28 May 2015).
Main topics discussed were: the price on carbon, climate change financing, transforming the energy sector into a green one, the EU ETS after 1o years of existence, climate decision transparency, and the Road to Paris.
“If until now we have seen international meetings that were disparate in terms of expectations and interests of participants, this year we have observed in Barcelona how business and political leaders have joined forces to promote the reduction of global emissions, unifying local and regional carbon markets into a global one, green technologies and ways to finance climate techmologies and innovations. Moreover, the World Bank has created a working group composed of various stakeholders interested in climate change, which focus on creating a single market analysis for carbon, as well as the design of this future market” said Casiana Fometescu, Carbon Expert consultant.
In recognition of the importance of protecting the environment, His Majesty King Felipe VI of Spain, opened the event. The conference was attended by approximately 2,200 visitors from 109 countries, 300 speakers from around the world and 100 exhibitors, representing a 30% increase compared to the last year. At the same time, there were 27 workshops and several other side events.
