Category: General

Dear Sir or Madam,

The Mercator Research Institute on Global Commands and Climate Change, or MCC for short, has programmed a clock on its homepage that shows the global carbon budget that mankind is still allowed to emit in order to reduce global warming to 1.5°C or 2°C to limit. This report contains the latest findings of the last progress report of the IPCC.

In order to meet the 1.5°C target set by the 2015 Paris Climate Change Conference, humankind should no longer emit CO2 or its equivalent of other greenhouse gases in the ordinary case by the end of the month. The goal of reducing global warming to 2°C gives us 17 years to emit a maximum of 690 gigatons of CO2 into the atmosphere.

As of today, the IPCC sits back to debate a meta-study of work by 24,000 experts in South Korea. A result is to be published on 8. October. It is not expected that the result will give cause for optimism.

In the past week, the European carbon emission rights in a trading range between 19.60 and 23.00 euros moved. After the certificates had dipped below the 20-euro mark on Wednesday, they closed at the end of the trading week with a small minus vis-à-vis the previous week visibly above the 21-euro line.

The upswing on the last two trading days was accompanied by a significant increase in crude oil prices, which rose by nearly 4% on a weekly basis. The main reason for this was the decision by the extended OPEC group last Sunday not to raise the production volumes for the time being.

(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.)

Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.

With kind regards,

Advantag Services GmbH

Dear Sir or Madam,

Moors are considered to be important carbon sinks that contain 550 gigatons of CO2 worldwide, which is equivalent to 75% of the greenhouse gas in the atmosphere. Globally, drainage of bogs causes an annual CO2 emission of approximately 1,630 million tons, which is twice the amount of global air traffic.

In Germany, there are about 1.5 million ha of bog, of which now almost 1,000 ha were shot in the German Emsland by an exercise of the Bundeswehr on fire. Due to the fact that the smoldering fire has not been controlled for more than two weeks, the county had to declare a disaster. So far, according to estimates by the NABU Nature Conservation Union, 500,000 tons of CO2 have already been released and more are being produced each day.

Some German politicians and business leaders may often feel superior to the people of Africa and South America when they cut down and burned their forests. With a view to the Emsland and the Hambacher Forst woodland, it is advisable to reconsider this point of view in a self-critical way and to begin to act as a role model, which also applies to the observance of self-imposed goals of climate protection.

After carbon prices went down more than 14% in the week after the weekly crash, prices rose just over 11% last week and closed just above the € 22 mark after the auction of 4.36 million EUA from German stocks had failed. This was already the second failed auction last week due to the turbulent market.

Even in this trading week, volatile prices can not be ruled out. A further, moderate recovery would definitely be better suited to reducing the nervousness of the market than a further double-digit percentage increase.

(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.)

Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.

With kind regards,

Advantag Services GmbH

Dear Sir or Madam,

Central Europe currently forms a heat core, which places usual weather conditions in the unfortunately rarely existing shade. For this purpose, the forest fires in Sweden serve as a definite signal. The fires rage even north of the Arctic Circle, where at 34.5 degrees an “eternal” heat record was struck.

With no prospect of a refreshing rain shower, temperatures of up to 36 degrees Celsius are expected for days throughout this week. The forecasts even in the Alps and on the coasts see the 30 degree mark being exceeded. Even the nights are expected to be “tropical”, meaning that it will not cool below 20 degrees; and since it is nearly windless at the same time in many places, it actually becomes necessary to speak again about dangerously high ozone levels in the air.

Not less superlatives we faced in the past trading week on the market for emission rights. Despite a massive bid in the five auctions and regardless of falling oil prices, the price of EUAs climbed to a high of EUR 17.24 in the December contract. From now on, chart analysts will probably have to look back more often back to the start of emissions trading in 2008 in order to find comparable values ??for possible price developments.

(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.)

Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.

With kind regards,

Advantag Services GmbH

Dear subscribers of our CO2 market report,

In 10 days, the new European General Data Protection Regulation comes into force in Germany, which further strengthens the protection of personal data.

Since we also want to comply with these regulations, it is necessary – if you want to continue to receive our free CO2 market report in the future – to re-register with the so-called double-opt-in procedure using the following links:

http://advantag.de/en/newsletter

This ensures that you will also receive the CO2 market report Monday via e-mail from the coming week.

We would be pleased to continue to inform you with our newsletter.

Best regards,

Advantag Services GmbH