2016 September | %title%

The Carbon Market 22.09.2016

The ICE exchange from London currently trades its CO2 operations and Brent Crude as follows:

EUA spot: € 4.30

EUA Dec ’16 futures: € 4.35

CER daily futures: € 0.39

Brent Crude futures ’16: $ 47.73

Climate Change

All new passenger vehicles sold by 2035 must not emit any CO2, if the world is to meet the Paris climate deal’s goal to limit the global temperature rise this century to 1.5°C, research group Climate Action Tracker (CAT) has said.

And even this could be too late to avoid the need for significant subsequent negative emissions, it said. A large-scale deployment of electric vehicles will have to be accompanied by power sector decarbonisation to ensure that the vehicles are truly emissions free, Cat said.

The Paris agreement sets targets to keep global warming “well below” 2˚C and “pursue efforts” to limit any increase in temperatures to 1.5˚C.

Source: Argus Media, London

The CO2 Market 05.09.2016

The ICE exchange from London currently trades its CO2 operations and Brent Crude as follows:

EUA spot: € 4.08
EUA Dec ’16 futures: € 4.08
CER daily futures: € 0.38
Brent Crude futures ’16: $ 49.62

Hystorical Moment at G20

Screen Shot 2016-09-05 at 12.55.52

During the Group of Twenty Summit in China (4-5 September 2016), the USA and China shows very controversial positions on some global major points. But in Hangzhou was also made history. For the first time the both greatest emitters of greenhouse-gases signed the official ratification documents of the Paris world climate summit.

USA and China are emitting 39% of the global human made greenhouse-gases.

The fact, that these both nations never signed the ratification of the Kyoto-Protocol but the Paris climate deal, is an very important milestone on the way of fighting global warming.

Source: www.G20.org

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