The Carbon Market 23.03.2016
The ICE exchange from London trades its CO2 operations as follows:
- EUA spot: € 4.83
- EUA Dec ’16 futures: € 4.90
- CER Dec ’16 futures: € 0.37
- Brent Crude May ’16 futures: $ 41.36
Pricing carbon: an opportunity for business
Tracking carbon emissions and then putting a price on carbon has increasingly emerged as a way to act, and do so quickly. Already, at least 40 governments and 23 cities, states and regions around the world have adopted carbon pricing mechanisms or are planning to implement them. And according to CDP, more than 1,000 companies already price their carbon emissions or intend to in the next two years.
Microsoft was one of the first enterprises to set a voluntary internal carbon fee four years ago, and we’ve learned firsthand why it is an attractive strategy for climate-conscious businesses. The fee has invigorated a virtuous cycle of environmental awareness, responsibility and innovation within Microsoft that benefits both our company and the planet. The Microsoft carbon fee was recently recognized by the UNFCCC at COP21 as an innovative carbon pricing model worthy of wider replication.
Microsoft has reduced company-wide emissions by 7.5 million metric tons of carbon dioxide equivalent (mtCO2e) through investments in efficiency, green power, and carbon offset community projects.
To read the whole article from Huffington Post, please click here.
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