CERs
The tenuous achievements of the Durban climate talks will have little impact on floundering carbon markets – which leaves the price of carbon in the hands of political intervention. But there is a solution.
The difficult balancing act behind the EU ETS may represent a critical flaw in carbon markets over a technically simpler but politically unpalatable carbon tax.
Wall St and other equity markets grab the headlines, but the deepest slump in world markets has occurred in international carbon prices. It turns out that is not such a bad thing.
With 2010 behind us, we take a retrospective look at how the global emissions trading market fared throughout the year – and a look forward at themes to watch for in 2011.
The pending ban of industrial gas projects is set to radically reconfigure the global market for greenhouse gas offsets. So what does this mean for compliance traders? And how is the market responding to the risk?
2011 promises another year of uncertainty on the future of international carbon markets, with developments on the Kyoto Protocol, REDD and the CDM, likely to have the biggest impact.
CERs price hits a four month low on issuance of 20 million HFC CERs. And in Cancun, Japan’s threats to abandon Kyoto and move away from the CDM hit carbon market sentiment.
Another week of light trading in the New Zealand Carbon Market as the market waits on more supply to trickle in.
Another week of light trading in the NZ Carbon Market, with CERs entering the spotlight as they continue to trade under the cap of $NZ25.
Trading in the New Zealand Carbon Market has picked up in the last week on the back of a second tender offering.
Prices for certified emissions reductions have sunk by more than 60 per cent since January 2011 and are expected to fall further. So is there still a market for UN-backed carbon permits?