Dear Ladies and Gentlemen,
The French President, Emmanuel Macron, was after the meeting in Paris optimistic, that US-President Donald Trump could stand again behind the Paris climate deal from 2015. He said to the weekly Journal du Dimanche, “Trump was listen to me. He said, that he will find a solution in the upcoming months.” Macron continued, that both Presidents was talking about the circumstances, how the United States of America could return to the Paris agreement. Macron explained, that Trump has understood the relations between global warming and terrorism.
This wouldn´t been the first change of direction from the US-President, but in the face of nearly four times more jobs in the renewable energy sector towards the coal industry, it would be possible, that Trump could see these numbers.
On August 1st, 2017 the reduced auction volume during the summer holiday period, which is nearly halved, the stronger crude oil prices and the sustainable breakthrough of important chart resistances made the European Emission Allowances EUA stronger once again for 8 Cents on weekly basis. The EUA closed last week by 5.41 Euro per ton. If the market environment remains positive, a renewed plunge below the 5-Euro-Level should remain undone next days.
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(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.)
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With kind regards,
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