Start your week getting to know how to navigate on the Carbon Markets.🎧🌿🌍
Insights from the brilliant @DettyPapp, our Head of Market Analysis.
https://t.co/XVO4unbDDD.
#Carbon market poll
Analysts short-term #EUETS forecasts little changed despite major output drops, hike long-term outlooks
But they slash #UKETS forecasts in wake of tepid reform plans, underperforming post #Brexit economy
https://t.co/oqap9WG47h $ #OCTT
@Malik49977264 Market has been aware of the changes, it shouldn't therefore have a significant impact. But having the exact numbers nicely counterbalances the recent bearish news about REPowerEU allowances and lower emissions in power sector.
The European Commission defined the #EUETS cap for 2024 at 1,386,051,745 allowances, 6.70% down from 2023. The rebasing and the increased linear reduction factor explain the reduction. Without the allowances for the maritime sector, the difference would be more than 10%.
@MikeSzaboCP And let's not forget about the new last row in the table: "Allowances that became invalid on 1 January 2023" 2 515 135 787. Think market tends to forget about those.
To mark 🌎 #EarthDay2023, #IPCC Chair Hoesung Lee & scientists behind our latest #ClimateReport, #ClimateChange 2023: Synthesis Report share their messages for the world.
Read the report ➡️ https://t.co/zAMzd12TGF
Watch 🎥 ⬇️
"Despite its flaws, the VCM is still widely recognised to be one of the best tools available to incentivise the conservation, sustainable management & restoration of ecosystems on a large scale."
Read Marissa Lee's piece for @BusinessTimes ↓
https://t.co/DUdpk4ttTu
🤝BREAKING🤝
EP negotiators have reached a deal with @EU2022_CZ & @TimmermansEU on a reform of the Emissions Trading System #ETS & the creation of new Social Climate Fund #SCF#Fitfor55
Today is #EarthOvershootDay
Now, we’ve used up all the natural resources our 🌎 can generate in 2022
This year, it falls on the same day as #NatureConservationDay, reminding us that we need to live within the limits of what nature can give us 🌱
Time to #MoveTheDay#ForNature
This week sees Montel's first Energy Day for 2022 - Iberia! We interviewed our 5 speakers ahead of the event to see what issues they'll be discussing on the day: https://t.co/ePQIuv0TnS
#Energy#Trading#Naturalgas#Carbon#Energia#Energía#Electricidad
Greenhouse gas levels are at new records. Again
Concentration of CO2 in 2020 was 149% of pre-industrial times
Economic slowdown from COVID-19 had no real impact
We are set for a 🌡️ increase much higher than #ParisAgreement target of 1.5°C-2°C.
https://t.co/LQ5sVilzcE
#COP26
On this week’s @MontelWeekly I joined host Richard Sverrisson to discuss the #EUETS and #EUA prices. Listen to the episode here: https://t.co/OcwsnZFEz1
The #IPCC released its latest #ClimateReport today, #ClimateChange 2021: the Physical Science Basis.
“The role of human influence on the climate system is undisputed.” – Working Group I Co-Chair @valmasdel
Report ➡️ https://t.co/uU8bb4inBB
Watch the video, 🎥 ⬇️