Tag Archives: emissions trading
Signal confusion
Does the EUA price constitute a signal or not? Should it? Trevor Sikorsky of Barclays Capital argues in Barclays’ Quarterly Carbon Standard (26th March 2012) that: “It is expectations that drive such investment [in clean technology] … not current prices.” … Continue reading
Clash of the titans: Birol, Stern and Günther.
The front page of the Financial Times today says: “Soaring oil prices risk recession”. The chief economist of the International Energy Agency, Fatih Birol, says that the high oil prices have the capacity to tip the global economy back into … Continue reading
The EU ETS – working but not working
The German magazine, Spiegel, published an article saying that the EU’s emission trading scheme isn’t working (http://m.spiegel.de/international/business/a-815225.html#spRedirectedFrom=www). Johannes Teyssen, the CEO of EON, voiced a similar opinion at a conference in Brussels recently: The scheme is “bust”, he said. As … Continue reading