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Dear Sir or Madam,
the media hype around Greta Thunberg and the movement “Fridays for Future” seems to be coming to an end and climate protection is just one of many topics. So it is fitting that the warning of 11,000 scientists from 184 countries is not to be found on the front pages of the newspapers on which the climate protection movement had recently found a place.
The joint declaration of the scientists, of which 900 are from Germany, warns of a global climate emergency. At the same time, the scientists have come to the conclusion that the objectives of the Paris Agreement on climate change are not enough to reduce global warming. And here too, only 28 EU states and 7 other countries are on the right track.
At the same time, the scientists warned that there would be untold human suffering insofar as human behaviour on greenhouse gas emissions would not fundamentally change. To achieve this, they are calling for, among other things, the switch to renewable energies, a sustainable change in the world economy, the containment of world population growth and the reduction of animal products.
It is to be hoped that this urgent warning will be a topic at the upcoming World Climate Change Conference in Madrid next month.
Prices for one ton of CO2 emissions have become slightly cheaper in the EU next week. During this trading week, 11,066,500 EUAs will be offered for auction on the Leipzig EEX on four days, which is 5.6 million fewer shares than in the previous week.
|(Average Quotes Exchange / OTC)|
|EUA (Spotmarket)||25.28 EUR||24.84 EUR||-0.44 EUR|
|EUA (December-2019-Future)||25.29 EUR||24.84 EUR||-0.45 EUR|
|CER (Spotmarket)||0.20 EUR||0.18 EUR||-0.18 EUR|
|ICE Brent Crude Oil (Benchmark Future)||61.52 USD||62.64 USD||+1.12 USD|
|EURO (Currency, Forex)||1.1165 USD||1.1018 USD||-0.0147 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.)
Please call our international carbon desk if any further questions exist: +49.2831.1348220.
With kind regards,
Advantag Services GmbH