Friday, October 28, 2011

Dow	12,231.10	+22.56	0.18%
S&P 500	1,285.09	+0.50	0.04%
Nasdaq	2,737.15	-1.48	-0.05%

CDM Board To Discuss Offset Curbs

CDM Board to discuss offset curbs from some schemes

A U.N. panel may consider whether expensive greenfield projects deserve to get carbon credits, after one of its members expressed doubts that the revenue from CO2 offsets play a big enough part in funding such schemes.

October 28, 2011 ICE-ECX European Emissions - Morning Fifteen Minute Markers

sCER Prices down over 45% in a year

sCER Market Prices on October 28, 2011 -

7.01 euros per credit now

OTC price assessments

		Close	+/-
EUA	Dec 2011	10.38	-0.03
sCER	Dec 2011	7.01	0.00

EUA last 30 days

sCER Market Prices on October 28, 2011 - 12.85 euros per credit then

The numbers displayed here are the LEBA forward indices (based on the volume weighted average for the day's trading) and the CantorCO2e daily spot index.

Issued CER Spot

€ 13.43

v: 585,000

Past 30 Days:
High: 14.12
Low: 13.33

Sec' CER Dec'10

€ 13.40

v: 1,106,000

Past 30 Days:
High: 14.07
Low: 13.40

Sec' CER Dec'11

€ 12.85

v: 382,000

Past 30 Days:
High: 13.44
Low: 12.81

Europe headed for early cold winter

Europe seen headed for cold early winter -meteorologist

The first parts of the coming winter may be cooler than average but later on, the winter season is likely to show changeable, possibly milder weather than average, German meteorologist Georg Mueller said on Friday.

Ireland to allocate more permits

Ireland to allocate 7m CO2 permits to airlines in 2012

Ireland will next year hand out just over 7 million aviation CO2 permits worth around 70 million euros to airlines to help them meet carbon caps under the EU Emissions Trading Scheme, the country’s Environmental Protection Agency said Friday.

Traders Wary of Spot Price

UPDATE 1: EUAs steady, traders wary of spot price slide

European carbon was steady Friday afternoon despite softer energy, but traders said prices could slide on profit-taking and spot selling ahead of planned registry maintenance.

Carbon Credit Prices the last 30 days

Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2011	10.38	-0.03
sCER	Dec 2011	7.01	0.00

EUA last 30 days

Russians rule out climate deal

Russian official rules out climate deal until 2017/18

Russia’s top climate bureaucrat has ruled out the possibility of a global climate pact until 2017/18, a state-owned news agency reported Friday.

Kelise Ward's News on Environmental Markets

Friday, October 28, 2011

EU Set to Classify Spot Emissions Contract as Financial Instrument - Bloomberg

EU Plan for Spot CO2 Regulation Will Entice Trade, Barclays Says - Bloomberg

EU Should Focus CDM Incentive on Renewable Power, De Boer Says - Bloomberg

S. Africa to Earn $31 Million in Carbon Plan, Business Day Says - Bloomberg

Cemex Gains as Cash Profit Surprises Analysts Seeing Drop - Bloomberg

EBRD Lends $79 Million ton Ukraine’s Machine Builder EMSS - Bloomberg

Political Signal Needed to Secure UN Carbon Market’s Future, Norway Says - Bloomberg

Market Snapshot