Dear Madam or Sir,
As part of the measures to overcome the Corona crisis, the German Federal Government is funding the purchase of purely electric cars with almost € 10,000, which makes the currently comparatively more expensive vehicles significantly more affordable.
The Federal Environment Agency now has a recently published study to counter critics who estimate the production and operation of an electric car to be more harmful to the climate based on old data. Even if you include all factors today, an electric car has a clear advantage over the entire life cycle. And by 2025, the carbon footprint of an electric car will again visibly decrease from 134 grams of CO2 to 101 grams of CO2, taking into account the production and usage load.
And if that is still not enough as a selling point – the Advantag fleet has been using fully electric drives since 2013 and has since reduced maintenance and maintenance costs to a fraction of vehicles with combustion engines.
Prices for CO2 emissions remained high last week, hitting a temporary high of EUR 25.75 on Wednesday before easing again at the end of the trading week.
| (Average Quotes Exchange / OTC) | |||
| Instrument | 19/06/2020 | 26/06/2020 | Change |
| EUA (Spotmarket) | 24.09 EUR | 24.66 EUR | +0.57 EUR |
| EUA (December-2020-Future) | 24.16 EUR | 24.73 EUR | +0.57 EUR |
| CER (Spotmarket) | 0.31 EUR | 0.30 EUR | -0.01 EUR |
| ICE Brent Crude Oil (Benchmark Future) | 41.95 USD | 40.69 USD | -1.26 USD |
| EURO (Currency, Forex) | 1.1174 USD | 1.1215 USD | +0.0041 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