Tuesday, November 8, 2011

Thailand's Water Crisis Is Bad Omen: The Ticker - Bloomberg

Thailand's Water Crisis Is Bad Omen: The Ticker - Bloomberg

New Zealand Prime Minister want to keep link to Australia

NZ PM vows to keep NZ$25 CO2 price cap, link to Australia ETS in 2015

Prime Minister John Key on Wednesday pledged to slow down the expansion of the New Zealand emissions trading scheme if he wins the Nov. 26 election and keep a NZ$25 cap on emission permits, but work to link the carbon market to Australia's scheme from 2015.

Perry’s Plan to Halt Energy Breaks Favors Oil, Gas Producers - Bloomberg

Perry’s Plan to Halt Energy Breaks Favors Oil, Gas Producers - Bloomberg
Texas Governor Rick Perry is calling on the U.S. government to stop “picking winners and losers” among energy companies and has pledged to end federal subsidies to the industry. Under his plan, alternative energy businesses would likely lose a lot more than would fossil-fuel producers.

Short covering pushes EUA's to six day high

EUAs hit six-day high on short-covering

European carbon hit a six-day high of 10.28 euros on Tuesday, 10 percent above Monday’s 33-month low, amid brisk short-covering and further ructions in the euro zone.

Carbon emission details of only 7% Indian firms public

Carbon emission details of only 7% Indian firms public

Business Standard - November 8, 2011





Australia’s Carbon-Pollution Law Bucks Global Impasse Over Climate Rules - Bloomberg

Australia’s Carbon-Pollution Law Bucks Global Impasse Over Climate Rules - Bloomberg

The decision may reignite momentum behind market-based solutions for limiting greenhouse gas emissions and accelerate cap and trade . . . The plan will raise A $10 billion a year by 2015, when the government-set price gives way . . .

Czech carbon footprint slightly smaller

Czech coal-based power output down 1.5 pct in Jan-Sep

Electricity output from coal power plants in the Czech Republic fell 1.5 percent in the first nine months of 2011, according to official estimates, suggesting a slightly smaller carbon footprint in the country’s energy sector compared to last year.

Spain to reopen C02 registry

Spain to reopen CO2 registry in the next week

Spain will reopen its carbon registry once scheduled maintenance at the U.N’s international portal is complete, the country’s environment ministry said Tuesday, adding that checks had been carried out following a security threat.

New Impetus to S. African Talks

Australia passes carbon reduction law

Australia's parliament passed laws that impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December's global climate talks in South Africa.

S. Africa Thinks Twice

S.African industry questions climate change plan

South Africa's Chamber of Mines and petrochemicals group Sasol on Tuesday expressed reservations about the country's main climate policy paper, with industry-specific reduction targets a key concern.

More Supply Needed For Australia

Australia should sign deals to secure offset supply: analysts

A bill to launch the world’s second-biggest carbon market was approved by the Australian Senate on Tuesday, though analysts say the country should be striking deals with its Asian neighbours to guarantee its companies supply of hundreds of millions of cheap carbon credits.


Aussie trading laws include cap and trade and tax on C02

Australia passes emissions trading laws

Australia’s Senate on Tuesday passed legislation that will put a A$23 ($23.80) tax on CO2 emissions for the country’s 500 biggest emitters from July 1, 2012, and introduce the world’s biggest carbon trading scheme outside of Europe from July 1, 2015.

New Study Promotes Canadian Use of Offsets

Offsets could help Canada meet its 2020 GHG target: study

Using domestic and international offsets can help Canada meet its target to cut greenhouse gas emissions 17 percent below 2005 levels by 2020, a goal that the country is likely to fall 46 percent short of under current policies, a new study found.

EUA's Trade Back Above 10 euros

EUAs break above 10 euros ahead of Italy vote

European carbon allowances for delivery in December climbed above 10 euros for the first time in five days, just hours ahead of a key vote in Italy that could prompt a snap election.

ICE ECX EUA Morning Marker

Emissions Morning Marker
 
ICE-ECX European Emissions - Morning Fifteen Minute Markers
Date Strip Price
November 8, 2011 Nov11 9.96
November 8, 2011 Dec11 9.98
November 8, 2011 Dec12 10.45
November 8, 2011 Dec13 11.05
November 8, 2011 Dec14 11.57

EUA and sCER OTC Price Assessments

OTC price assessments



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EUADec 20119.860.38
sCERDec 20116.800.29

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