Dear Sir or Madam,
In the German state of Hesse, voters have cast their votes for the state election. One in five votes became the Green party, which most prominently addresses climate and environmental protection. Also in the previous election in Bavaria, the Greens had high voice gains and were there at just under 17.5%.
German chancellor Angela Merkel has tried before the Hessian state parliament election to influence the issue of diesel car driving bans by any changes in the Federal Immissions Act. After the election results in Hesse, the German government should now understand that environmental and climate protection after the record summer 2018 occupies an increasingly important position among German voters.
The European Environment Agency (EEA) has just published the 2018 report on European air pollution and concluded that air pollution in Europe is still far too high, making it the leading cause of premature death in 41 countries. The researchers calculated in 2015 about 442,000 deaths associated with air pollution.
The reduction of greenhouse gas emissions and of other pollutant and particulate matter emissions should therefore be given a much higher priority in Europe, even if this will lead to significant changes in consumer behaviour and mobility.
Last week, European CO2 emission allowances fell 7% from the previous week, which was accompanied by weaker demand on auctions and a negative market environment in the energy sector. The new trading week begins also with a negative sign, which is certainly not considered negative on the buyer side.
(Average Quotes Exchange / OTC) | |||
Instrument | 2018-10-19 | 2018-10-26 | Change |
EUA (Spotmarket) | 19.71 EUR | 18.28 EUR | -1.43 EUR |
EUA (December-2018-Future) | 19.76 EUR | 18.28 EUR | -1.48 EUR |
CER (Spotmarket) | 0.28 EUR | 0.28 EUR | +0.00 EUR |
ICE Brent Crude Oil (Benchmark Future) | 79.95 USD | 77.41 USD | -2.54 USD |
EURO (Currency, Forex) | 1.1517 USD | 1.1401 USD | -0.0116 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