Newsletter
Carbon capture, use and storage (CCUS) involves catching concentrated industrial emissions at their source, preventing them from entering the atmosphere. CCUS has been seen as controversial, particularly by environmentalists who see it as a get-out-of-jail-free-card enabling fossil fuel producers and consumers to carry on extracting coal, gas and oil and
Newsletter
Europe’s pivot towards energy security, sparked by Russia’s invasion of Ukraine, will not come at the cost of decarbonisation. That’s the message from a recently published report by a risk management advisory firm. Gauging the often conflicting effects of higher energy prices, fuel generation switches and investment
Newsletter
Attention now focuses on upcoming TNAC estimate
Newsletter
The carbon trade you've probably never heard of
Newsletter
Financial markets have typically worked on the assumption that climate policy would be gradually tightened over a period of several years, if not decades. This is known as the “slow policy ramp”. Too high a carbon price at the outset for example, many reason, will be politically untenable. Instead the
Newsletter
Japan’s top business newspaper, The Nikkei published an article this week detailing the results of its investigation into ‘carbon neutral’ LNG. The article suggests that many of the claims around carbon neutral LNG are false, with offsets often originating from carbon projects where environmental benefits have been significantly inflated.
Newsletter
The voluntary carbon market (VCM) cannot be measured simply looking at the current value of various carbon credits. The VCM is a growth sector where everything is up for grabs. It is an unregulated sector where there are no hard and fast rules as to how things must be done.
Newsletter
“History doesn’t repeat itself but it often rhymes” Financial markets often exhibit similar patterns in the event of a significant shock to market confidence - anticipating the potential effects, the impact and then the recovery. Even if the cause and effects vary between market shocks how prices behave can
Newsletter
Up until recently, an investor wishing to gain exposure to the EU carbon market had to invest in an exchange traded futures product. That changed in November last year when the first physical carbon allowance investment product launched. Unlike futures based products, investing in the physical allowance is not without
Newsletter
"There are no taboos in this situation" EU ETS emissions are estimated to have increased by 8.7% in 2021, according to a recent poll of analysts by Refinitiv. Exceptionally high natural gas prices resulted in generators switching to thermal coal, significantly increasing the carbon intensity of power
Newsletter
“If everyone is thinking the same thing, someone is not thinking.” - General George Patton, U.S. Army Futures markets are not simply full of speculators trying to anticipate what other speculators are going to do, although it might feel like that sometimes. Commodity futures markets involve a vast array
Newsletter
Carbon prices on the Regional Greenhouse Gas Initiative (RGGI) fell by almost 10% yesterday after a report released by Virginia Governor Glenn Youngkin criticised the emissions trading scheme for being ineffective and forcing consumers to pay more for their electricity. However, what appears to have unnerved the market and led