November 2009
9 posts
Sweden to post carbon footprint on groceries.... →
EU position on CoP15 (very interesting read) →
6 tags
CERs and their "bankability"
We had a meeting with Deutsche Bank at work the other day, talking about Certified Emissions Reductions (CERs) and how/if/when/exceptif they will be transferable from one EU-ETS compliance period to another. Complicated and unclear as the rules are, people in the know really are in a situation to make some great deals. Maybe I should get ambitious and try to summarize what you can and can’t...
“Next month’s United Nations climate change conference is doomed to...”
– Today’s FT. Great start of the morning. Hopefully we will stop screwing around and get something done before the end of 2010.
The Japanese are crazy: space solar power system →
Obama
Has been (supposedly) so busy with health care reform, that there is no time to get anything climate change through before CoP15. That means there won’t be a deal in 2009 (there is no way Obama is going to agree to anything before he has backing domestically—not after Clinton and Kyoto)…
The question then: when will there be a deal, and what will this lack of a deal this time...
“Barack Obama and Hu Jintao are set to unveil a deal to boost clean energy...”
– What will they actually agree? Will it be enough? Another reason to think Copenhagen is going nowhere…fast. Unfortunately.
source: ft.com
October 2009
2 posts
So the EU means business, then.
If you’re in the carbon business chances are you have lost some sleep over carbon prices to come… will there be a price for a CER exchangeable for an EUA under EU-ETS after 2012? What will it be? For me at least, there is some comfort to be had in the council’s strong support for a “price” on carbon.
“RECALLS the crucial importance of carbon markets and, in this context,...”
– Council Conclusions on EU position for the Copenhagen Climate Conference.