The Carbon Market 13.04.2016

The ICE exchange from London trades its CO2 operations as follows:

• EUA spot:  € 5.48
• EUA Dec ’16 futures: € 5.53
• CER Dec ’16 futures: € 0.45
• Brent Crude May ’16 futures: $ 43.87

The Swiss Group ALLCOT enters the Romanian CO2 Market

Carbon Expert would like to announce the partnership on the European CO2 market with ALLCOT Group from Switzerland.

Created in 2009, ALLCOT is focused on carbon markets as well as environmental consulting, management and also on the business of corporate sustainability.

ALLCOT Group has its headquarter in Switzerland, and having an international team working in London, Madrid, Warsaw, Bucharest, and Sao Paolo.

ALLCOT is a proud member of the International Emission Trading Association (IETA) as well as the Climate Markets and Investment Association (CMIA), the leading associative bodies and lobbies within our industry. Further, the company operates under the Quality Management System ISO 9001:2008 certified by Lloyds Register.

ALLCOT offers you the following services on the EU ETS market, which provide multiple opportunities to collaborate:

•    CO2 Execution (Exchange or OTC) with defined floor price (standing order)
•    Sale and Purchase agreement (subject to price);
•    CO2 Credits portfolio management (swap, hedging, future contracts)
•    REPO transactions (subject to volume)
•    Loans against Carbon Credits (subject to volume)
•    ALLCOT Climate Change Fund subscription (subject to volume)

For more information related to CO2 trading opportunities, you may download ALLCOT Trading Tool Catalogue here.

Please contact us for any other information that you might require.

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.

The Carbon Market 08.03.2016

The ICE exchange from London closed its CO2 operations as follows:

• EUA spot:  € 4.97
• EUA Dec ’16 futures: € 5.10
• CER Dec ’16 futures: € 0.39
• Brent Crude May ’16 futures: $ 40.80

Voluntary CO2 emissions reductions

Paravion.ro,the largest online travel agency in Romania, has signed a three-year agreement with ALLCOT  Group to measure its carbon footprint and offset its annual emissions, helped by Carbon Expert Romania.

The carbon emissions generated by Paravion’s 50 employees were largely caused by office energy use and unavoidable business travel. The emission reductions chosen to offset Paravion’s greenhouse gas emissions will come from an internationally recognized carbon project that has been independently verified to the Verified Carbon Standard (VCS).

For more information, please read:

http://www.allcot.com/2016/02/22/paravion-ro-the-first-online-travel-agency-in-romania-which-offsets-co2-emissions/

The CO2 Market 18.02.2016

The ICE exchange from London closed its CO2 operations as follows:

• EUA spot:  € 5.02
• EUA Dec ’16 futures: € 5.09
• CER Dec ’16 futures: € 0.37
• Brent Crude April ’16: $ 34.37

Linkages among Regional Carbon Markets

The EU and Switzerland have announced the conclusion of a deal linking their respective emissions trading schemes, although the agreement’s signature date remains up in the air.

Set up in 2008, the Swiss scheme includes around 55 companies, and last year covered 5.5 million tonnes of carbon emissions. By comparison, the EU’s Emissions Trading System (ETS) launched in 2005 is currently the world’s largest carbon market, regulating some 11,000 power stations and manufacturing plants representing around two billion tonnes of carbon emissions.

The EU had previously agreed a pathway for linking with Australia’s fledgling carbon market, before a change in political leadership – and the subsequent repeal of Canberra’s carbon tax – scuppered these plans.

Most recently, one UK senior official speaking with Business Green indicated that London is working closely with China as it develops its cap-and-trade system, with potential future linkage with the EU ETS in mind.

A deal was also signed last December between Beijing’s sub-national carbon market and South Korea to cooperate on emissions trading development with an eye on eventual full national bilateral cooperation.

Ontario last year unveiled plans to join California and Quebec’s carbon market under the so-called Western Climate Initiative.

Source: Allcot Group, Switzerland

The Carbon Market 02.02.2016

The ICE exchange from London currently trades as follows:

• EUA spot:  € 5.67
• EUA Dec ’15 futures: € 5.70
• CER Dec ’15 futures: € 0.40
• Brent Crude futures: $ 35.85
• German Power Dec ’16: € 23,80

Voluntary Responsibility for the Environment

CARBON EXPERT launches  CalculatorCarbon.ro online platform through which every individual, company or organization can calculate and offset its carbon footprint.

The Carbon Footprint, also called CO2 footprint, represents the total greenhouse gas emissions produced by an organization, event, product, flight or household in a defined period of time.

The calculator determines the amount of CO2 produced by introducing usual elements  (kilometers, electricity consumption etc.). At the same time, it allows the offset of the CO2 footprint by purchasing voluntary CO2 credits equal to the amount of CO2 produced in the chosen time period.

The CO2 calculator is made under Swiss expertise, by ALLCOT Group, and Carbon Expert is Allcot official partner for South Eastern Europe. The computer uses emission factors for Romania, according to the latest UN IPCC data, under ISO 14000.

For large companies, the carbon footprint calculation is done punctually to each company, according to the specificity of its activities. Please contact us if you are interested in.

For more information, please visit: CalculatorCarbon.ro

The Carbon Market 19.01.2016

The ICE exchange from London currently trades as follows:

• EUA spot:  € 6.79
• EUA Dec ’15 futures: € 6.85
• CER Dec ’15 futures: € 0.43
• Brent Crude spot: $ 29.28
• German Power Dec ’16: € 23,80

The European CO2 Market EU ETS

In step with the fall in oil prices and other major indexes also the CO2 price has continued its surprisingly violent downtrend and dropped sharply again in the second week of January. Falling energy prices actually suggest that the consumption of energy and thus also emissions would rise, which in turn leads to a price support for carbon certificates. But in recent weeks, we experienced a situation in which falling energy values and lower demand coincided. Among other things, the much too mild temperatures in Europe have helped to make it for a few big companies not too difficult to sell current long positions and take profits.

Now however, it is impossible to predict how long this game might still continue.  The market is technically already significantly oversold and once the downward movement stops, this likely means the starting signal for the bulls in the market.

Source: Advantag Brokerage Gmbh., Geldern/Germany

The Carbon Market – 05.12.2016

The ICE exchange from London currently trades as follows:

• EUA spot:  € 8.03
• EUA Dec ’16 futures: € 8.10
• CER Dec ’16 futures: € 0.47
• Brent Crude spot: $ 37.16
• German Power Feb ‘2016: € 29,90

Carbon Expert wishes you a very good year, full of health and joy!

The ICE exchange from London currently trades as follows:

• EUA spot:  € 8.28
• EUA Dec ’16 futures: € 8.38
• CER Dec ’16 futures: € 0.48
• Brent Crude spot: $ 36.56
• German Power ‘2016: € 28,10

Carbon Expert wishes you a wonderful Christmas together with your family and beloved friends and a new year full of blessings!

The Carbon Market – 15.12.2015

The ICE exchange from London currently trades as follows:

• EUA spot:  € 8.08
• EUA Dec ’16 futures: € 8.17
• CER Dec ’16 futures: € 0.52
• Brent Crude spot: $ 37.98
• German Power ‘2016: € 28,00

Historical Global Agreement on Climate Change

The COP21 UN Climate Change Conference, which took place in Paris, reached a global agreement to tackle climate change, an outcome which represents a major landmark in addressing this global challenge.

In the Paris Agreement, adopted under the United Nations Framework Convention on Climate Change (UNFCCC), world leaders agreed to limit the rise in global temperature to well below 2°C, in order to avoid dangerous climate change.

“The Paris Agreement confirms the irreversible transition to a low carbon, safer and healthier world”, declared UNFCCC Executive Secretary, Christiana Figueres, following the adoption of the agreement.

Among the key measures in the Paris Agreement, global leaders have agreed:

• to peak greenhouse gas emissions as soon as possible and achieve a balance between sources and sinks of greenhouse gases in the second half of this century;
• to keep global temperature increase ‘well below’ 2°C, and to pursue efforts to limit it to 1.5°C;
• to review progress (upwards) every five years – a robust transparency and accountability system will track progress towards the long-term goal;
• $100 billion a year in climate finance for developing countries by 2020, with a commitment to further finance in the future.

Source: UNFCCC COP21, Paris

The CO2 Market – 9.12.2015

The ICE exchange from London currently trades as follows:

• EUA spot:  € 8.44
• EUA Dec ’15 futures: € 8.52
• CER Dec ’15 futures: € 0.58
• Brent Crude spot: $ 40.79
• German Power ‘2016: € 28,60

The International Climate Negotiations

The UNFCCC COP21 in Paris is currently on the second week of climate negotiations (30 November – 11 December 2015).

The EU today retained its formal position that any global climate deal to be reached in Paris next week should be legally binding, while acknowledging that it was “looking for solutions” with negotiating partners.

One of the central obstacles to a deal is that the US delegation will not accept legally binding greenhouse gas (GHG) mitigation targets as it knows congress would not ratify any agreement that imposes such a requirement. Despite this the EU has not yet formally changed its position to compromise on the issue, although representatives of the EU delegation today acknowledged that a strong deal could still be achieved without legally binding targets.

Source: Argus Media, London