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Climate change: `The trillion dollar wake up call`
Tackling climate change can have a significant impact on company value in six sectors worth a total of US$7 trillion, according to a new report by the Carbon Trust launched Monday: Climate Change: a business revolution? This Carbon Trust report, based on analysis by McKinsey & Co, found that the deep emissions reductions necessary to tackle climate change and put us on a path to a low carbon economy, will create significant business opportunities and risks. Companies’ futures will be highly dependent on how well prepared they are for the move, which will create large upsides and downsides ... |
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Auctions of carbon emission allowances won`t push up power prices
Contrary to some claims, electricity prices will not be driven up by the full auctioning of emissions allowances under the European Emissions Trading Scheme (EU ETS), according to a study carried out by New Carbon Finance for WWF. “The impact of 100% auctioning on European wholesale electricity prices post-2012” examined likely trends in wholesale electricity prices in the Czech Republic, Germany, Hungary and Poland, finding that while having an emissions trading system influenced prices, the method of allocating emissions allowances generally didn`t.
The report addresses crucial elements ... |
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- Post-Kyoto talks should see global emissions down by 15% in 2020
Point Carbon, the leading provider of market intelligence, news, analysis, forecasting and advisory services for the energy and environmental markets, ...
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