Dear Ladies and Gentlemen,
Farmer Saúl Luciano Lliuya from Peru took a further hurdle for his lawsuit against the German coal power plant operator RWE, because the relevant Higher Regional Court in Hamm acknowledged the case and did mandate the taking of evidence. This means, that the court has accepted the arguments of the plaintiff. RWE is the operator of the coal plant Niederaussern in North Rine-Westphalia, which is with 26.3 million tons the biggest German emitter of carbon dioxide and theoretical responsible on juristic point of view for that part of damages, caused by climate change. Because of the existence-threatening results of climate change in the Peruvian Andes mountains, he claims partial 17,000 Euro from RWE to accomplish with help from environmental organization Germanwatch a worldwide observed precedential case.
Last week, the quotes of European carbon pollution rights (EUA) was traded in a range between 7.45 and 7.82 Euro and closed at 7.68 Euro. This is a small loss of 0.09 Euro per ton against the previous week.
| (Average Quotes Exchange / OTC) | |||
| Instrument | 2017-12-01 | 2017-11-24 | Change |
| EUA (Spotmarket) | 7.68 EUR | 7.77 EUR | -0.09 EUR |
| EUA (December-2017-Future) | 7.68 EUR | 7.77 EUR | -0.09 EUR |
| CER (Spotmarket) | 0.17 EUR | 0.17 EUR | +0.00 EUR |
| ICE Brent Crude Oil (Benchmark Future) | 63.72 USD | 63.42 USD | +0.30 USD |
| EURO (Currency, Forex) | 1.1890 USD | 1.1930 USD | -0.0040 USD |
(The average exchange quotes and OTC-prices shows the average between bids and ask of several exchanges and OTC markets for carbon emission rights in the ETS. Bid and ask have usually in Spot Market a visible spread. CER CP1 and ERU are eligible in ETS until end of March 2015 and must be swapped into EUA. Crude Oil and Euro Currency shows day-end-exchange quotes. These market information has just an informational character and are no advice or offer to trade carbon emission rights or their futures and options. If you want to unsubscribe, please reply to this mail.)
Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.
With kind regards,
Advantag Services GmbH