Recent news headlines international emissions market july 9th 2012
by Baron Traders Limited on Jul 10, 2012
- 313 views
EU Carbon Rises to 4-Month High as Brent Oil Advances - Bloomberg...
EU Carbon Rises to 4-Month High as Brent Oil Advances - Bloomberg
European Union carbon allowances gained as oil and German-power prices strengthened
and the bloc’s regulators considered a temporary supply cut. EU carbon for December rose
2.3% to close at 8.34 ($10.51) a metric ton, the highest since March 8, on the ICE Futures Europe
exchange in London. German electricity for 2013 increased 1% to 48.85 Euros a megawatt-hour,
according to broker data compiled by Bloomberg. Higher prices can boost the incentive to sell
electricity forward, increasing demand for CO2 permits.
Going green could add $31bn to UK economy by 2015 - Reuters
The low-carbon products and services sector, often referred to as green business, could contribute
20 billion pounds ($31.16 billion) to Britain's economy by 2015.
"Get our energy and climate change policies right, and we can add 20 billion pounds extra to our
economy and knock 0.8 billion pounds off the trade gap, all within the lifetime of this
Parliament," said John Cridland, director general of the Confederation of British Energy
First Solar Bonds Financing $4.6 Billion U.S. Panel Boom - Bloomberg
Underwriters from Bank of America Corp. (BAC) to Credit Suisse AG and Citigroup Inc. (C) for the
first time are close to converting sunlight into cash to pay bond investors.
Similar to asset-backed securities that finance everything from car purchases to college tuition,
solar bonds will help fund rooftop power projects that Bloomberg New Energy Finance estimates will
need to raise about $4.6 billion next year. Investors will be paid from monthly payments from
people with photovoltaic panels atop their homes and businesses.
EPA confines GHG permit rule to largest sources - Reuters
Only the largest U.S. facilities will be forced to obtain greenhouse gas permits to comply with
federal emissions rules, the Environmental Protection Agency (EPA) said Tuesday.
EU Carbon Steady after Trading Surge at End of Session - Bloomberg
European Union carbon permits were unchanged near a three-month high after trading volumes surged
in the final 10 minutes of the session on the ICE Futures Europe exchange in London. Allowances
jumped yesterday to their highest in more than three months in intraday trading as regulators in
Brussels considered temporarily withholding supply sold in
auctions in the three years starting next year. Carbon has risen 27% in the last month.
- Total Views
- Views on SlideShare
- Embed Views