Emissions Trading / Carbon Market News (2018-09-03)

Dear Sir or Madam,

In 2010, the German government launched the German “Energy and Climate Fund”, into which the proceeds of the auctions of German emission certificates on the Leipzig Energy Exchange EEX flow. This money is used, among other things, to finance electromobility, CO2 building renovation or to promote research into renewable energies.

This year, the fund can look forward to significant additional income. The German emissions trading office expects revenues to double to approximately two billion euros, which can be attributed to the significant increase in prices.

Prices for European emission rights rose again last week, reaching a new high of EUR 21.79 per ton of CO2 or its equivalent of other greenhouse gases on Thursday. Last time there was such a price level 10 years ago.


(Average Quotes Exchange / OTC)      
Instrument 2018-08-24 2018-08-31 Change
EUA (Spotmarket) 20.70 EUR 21.05 EUR +0.35 EUR
EUA (December-2018-Future) 20.75 EUR 21.09 EUR +0.34 EUR
CER (Spotmarket) 0.29 EUR 0.29 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 75.74 USD 77.40 USD +1.66 USD
EURO (Currency, Forex) 1.1620 USD 1.1601 USD -0.0009 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