230%! This is how much the carbon prices, formally known as European Unio Allowances (EUAs for Dec21) have risen since the lockdown back in March of 2020, due the COVID-19 pandemic. Even ignoring that event, this market rose from 25 €/ton to 51 €/ton, more than doubling its value in less than one year. Figure [...]
Carbon neutrality objective: carbon offset projects, a further option towards environmental Ecommitment. In recent years we are seeing how climate change and commitment to the environment has started to become an issue that is closer not only to citizen, but also to the business level. More and more companies are interested in aligning their brand and [...]
Everyone expected so much of 2020, setting it at an important milestone for the World with the globalization peaking and the technology and social barriers being tested constantly. On the other hand, the long trade war between US and China was weighing on the markets and a recession was on the edge. Despite that, no one [...]
The effects of America's withdrawal from the Paris agreement on climate change were short-lived. President-elect Joe Biden has promised to rejoin the pact as soon as he enters the White House. Most countries are eager to welcome America into the club of those who care about it. In the last eight weeks, China, Japan and South [...]
After 4 years everyone agrees with the fact that we live in a different World, especially the American citizens that voted on November 8th of 2016 for their leader: Donald Trump. It has been four years of controversial leadership and governance, with strong positions and opinions, tweets and executive orders that shape a different America and [...]
This is one of those weeks in which I had a well-organized agenda, and, among other activities, I was ready to publish a Blog about the reality of projects with Hydrogen and the energy market (prepared carefully and well in advance). However, panic has taken over the media and markets. My agenda has “blown away” and [...]
On the afternoon of January 15 the parliament of the United Kingdom (UK) voted no to the Brexit agreement of Theresa May. A battle lost with a large margin of votes: 432 against 202. An expected result as the carbon prices showed little reaction the following morning. The possible scenarios for Brexit at this point are [...]
Let’s face it: we Humans are very poor when it comes to dealing with the intangible. We deal in obvious comparisons and in lieu of that: a real pain now is worth far more than a greater pain in the yet unseen (albeit still known) future. “One problem at a time” we say, and despite our [...]
In the energy World everybody knows that, when it comes to coal, no one beats China – which triples the production volume of the 2nd country in the list, the U.S. But being the biggest is not without its problems. Figure 1. Coal production (left) and consumption (right) by country in thousands of millions of [...]
In February 27th the European Emission allowances (EUA) were traded above the 10 €/tone closing that day’s session at 10.21 €/tone, values not witnessed since 2012. The bullish trend initiated on the second half of 2017, when the EU started to address the future of the EU ETS market, was heavily felt in November after a [...]
