Friday, 29 August 2014
Last updated 16 hours ago
Feb 25 2009 | 8:42am ET
The global carbon market will decline in value in 2009 for the first time since trading began, carbon finance consultancy Point Carbon said Tuesday.
The contraction will occur despite higher traded volumes, as the economic downturn has triggered a collapse in prices.
According Point Carbon, the global CO2 market is expected to be worth EUR 62.6 billion ($80 billion) in 2009, compared to EUR 92 billion ($118 billion) in 2008. The values are based on Point Carbon's price forecasts for European Union Allowances and secondary Certified Emissions Reduction credits.
Trade volumes, on the other hand, are expected to rise 30% this year to 5.9 billion metric tons of carbon dioxide. In 2008, trades totaling 4.9 billion metric tons were made.
The EU’s Emissions Trading Scheme (ETS) will continue to dominate the carbon market in 2009, according to Point Carbon, with trade volumes up 24% year on year to 3.8 billion metric tons. Market value, however, will fall 33% to EUR 45.2 billion ($58 billion).
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...