Dear Madam or Sir,
Hardly anyone is happy about the restrictions that came with the onset of the Corona crisis. The majority of people are happy about the easing that has been announced in the past few days. That is understandable. The problem with this is that the danger, which appears more and more people very abstract, can trigger a second wave of infection, which in turn requires significantly stronger restrictions. Germany in particular has done a lot right in the past few weeks, as can be seen from the mortality rate and the occupancy of the intensive care beds. But now there is a risk that this advantage will be jeopardized, which poses significant economic and social risks. From the point of view of many scientists, a further two or three weeks with increased lockdown would have been necessary to bring the number of cases to below 300 per day, which would make it much easier to track infection chains.
Now, the number of cases per 100,000 citizens in cities and counties should decide whether easing the situation or allowing it to be withdrawn. There are currently four counties above the existing limit of 50, but more are just around the corner. In some counties, this could lead to more optimistic figures in order to secure jobs.
Regardless of this, there are people who adhere to the corona crisis as a conspiracy with truly crude theories. Most of them are also those who ignore anthropogenic climate change. It repeatedly shows clearly that both the global context and the simple logic of cause and effect are too complex for some people to be able to classify them correctly.
It is to be hoped that the majority of people will continue to abide by the hygiene rules so that a second wave does not require further restrictions, or only to a small extent, in order to keep the further economic damage and costs as low as possible , because only that can save jobs and prosperity.
| (Average Quotes Exchange / OTC) | |||
| Instrument | 01/05/2020 | 08/05/2020 | Change |
| EUA (Spotmarket) | 18.90 EUR | 19.27 EUR | +0.37 EUR |
| EUA (December-2020-Future) | 18.97 EUR | 19.35 EUR | +0.38 EUR |
| CER (Spotmarket) | 0.32 EUR | 0.32 EUR | +0.00 EUR |
| ICE Brent Crude Oil (Benchmark Future) | 26.52 USD | 30.96 USD | +4.44 USD |
| EURO (Currency, Forex) | 1.0978 USD | 1.0836 USD | -0.0142 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 has 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. This 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.)
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With kind regards,
Advantag Services GmbH