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Tag: europes
Learning from Europe's carbon price crash: we need a carbon bank
2013-05-02 06:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Conversation: The dramatic fall in Europes carbon price in April led to claims emissions trading had failed as a model for addressing climate change. While the low EU price is problematic for the EU and Australia (by virtue of our linkage with the EU), carbon pricing is still the most efficient tool to address climate change at the scale required. It may be more productive to discuss what we can learn from the European Unions experience. What design features should be built into both existing and future emissions...
Tags: price
learning
bank
carbon
Why Europes carbon collapse wont kill emissions markets
2013-04-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Cleantechnica: For carbon markets across the world it was the best of times, it was the worst of times. Plummeting European Union carbon prices following a key EU vote seem to demonstrate in the clearest terms that cap and trade is doomed to fail. After all, if carbon trading cant make it in Europe, it cant make it anywhere, said Bryan Walsh of Time.But declaring the death of carbon markets and cap and trade policy over Europes struggles is a knee-jerk reaction which overlooks significant developments for...
Tags: markets
kill
carbon
collapse
Europes Carbon Market Crisis: Why Does it Matter?
2013-04-18 23:53:00| Climate Ark Climate Change & Global Warming Newsfeed
National Geographic: The European Parliament this week voted 334-315 (with 60 abstentions) against a controversial "back-loading" plan that aimed to boost the flagging price of carbon, which since 2008 has fallen from about 31 euros per tonne to about 4 euros (about $5.20). Since the vote, the price has fallen even farther, to 2.80 euros. The collapsing market is hardly the kind of firm foundation needed for building a clean-energy economy. (Related: "Renewable Energy Not Growing as Fast as Necessary," and "IEA Outlook:...
Tags: market
matter
crisis
carbon
Europe's climate chief vows to fight on to save emissions trading scheme
2013-04-18 10:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Europe's climate chief vowed on Wednesday to fight on to save the EU's flagship environmental policy, the emissions trading system (ETS), after a serious blow on Tuesday when MEPs rejected reforms aimed at repairing the ailing system. MEPs voted 334 against to 315 in favour of "backloading" the market - a proposal aimed to reverse the plummeting price of carbon that has resulted from a surplus of permits in the ETS market - leading the price of carbon to fall by almost half to under EUR3 on Tuesday....
Tags: save
chief
trading
fight
H.I.G. Europe's Haltermann Acquires PCL
2013-04-17 05:08:14| chemicalonline News Articles
Haltermann Holding GmbHhas acquiredPetrochem Carless Holdings Ltd, a UK-based refiner and producer of hydrocarbon chemicals. Haltermann is a portfolio company ofH.I.G. Europe, the European arm of global private equity firmH.I.G. Capital
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