Emissions Trading / Carbon Market News (2018-03-12)

Dear Sir or Madam,

Fourteen EU environment ministers have joined as members of the so-called “Green Growth Group” to promote the climate-friendly design of the next EU budget. Accordingly, the EU subsidy policy and structure should be in line with the objectives of the Paris Agreement on Climate Change. At the beginning of May, the legislative proposal for the EU budget for the period 2019-2030 should be submitted.

And the financial sector should also play its part. According to the plans of the European Commission, new regulations are planned, which should explicitly promote green investments under the label “Green Finance”. Asset managers and institutional investors should therefore be brought to more climate protection and sustainability.

“The Trend is your Friend,” all stockbrokers know, and stock market psychology is sometimes more important than chart analysis and fundamental data. Currently, the EU emission rights trend is still bullish, which can be seen in nearly 10% higher prices for European allowances in the past week alone. Since the beginning of the year, the EEA has gained two euros or 22%. A year ago, prices were still at 5.22 euros per tonne and have since recorded a whopping 112% growth. Today’s Monday also starts with a plus of just under 2%.


(Average Quotes Exchange / OTC)
Instrument 2018-03-09 2018-03-02 Change
EUA (Spotmarket) 11.05 EUR 10.10 EUR +0.95 EUR
EUA (December-2018-Future) 11.12 EUR 10.14 EUR +0.98 EUR
CER (Spotmarket) 0.19 EUR 0.18 EUR +0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 65.25 USD 64.43 USD +0.82 USD
EURO (Currency, Forex) 1.2306 USD 1.2317 USD -0.0011 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 or +44.20.79790283.


With kind regards,

Advantag Services GmbH