Bush Takes Climate Change Seriously

01 June 2007



Bush asks the world's leading economies to 'join' him in agreeing to reduce CO2 emissions......

Bush has called on the world’s leading economies to ‘join’ the US in agreeing a global target to reduce CO2 emissions. The US intends to hold a series of meetings with those nations producing the most greenhouse gas emissions with the aim of setting targets by the end of 2008. Bush said the administration took climate change ‘seriously’.

An amazing U-turn by a government that has not ratified the Kyoto Protocol,  or a PR play ahead of the G8 summit next week to buy stalling time for the US? Looking at the details of the speech suggests the latter.  There are no specifics regards reduction targets or timescales for the US, and the White House has made it clear it will oppose demands for the US to cut emissions at next weeks G8 summit in Germany, and will rule out joining a carbon trading system. It seems that the US may be just adding some more hot air to its already bubbling emissions pot!

read more ...

Price Slide  

04 June 2007


Pressure from forward sellers could see the buyers run to the hills.  read more...

The carbon backlash  

05 June 2007


Energy watch is taking up the consumer battle and attempting to try and lobby parliament to ensure that the power companies are not making super normal profits from carbon.  read more...

Where is the volatility?  

06 June 2007


Volatility continues to desert the market and options sellers will be very happy. Could Summer change this?  read more...

Investment Opportunities in Energy  

07 June 2007


The growth in renewable schemes is interesting and a recent Ofgem poll suggests that consumers expect governments and suppliers to make the money.  read more...

Coal makes a reappearance  

08 June 2007


Coal is still the dominant fuel type for new build projects but as prices start to rise some projects may look less appealing.  read more...

Emissions prices guilty of rises!  

11 June 2007


Emissions pushing the market one way and then the next, but still highly influential on all markets.  read more...

Some worries for the future  

12 June 2007


Some players are looking carefully at margins in July and August but it does not appear to be too bad at the moment.  read more...

The real green option  

14 June 2007


Could there be a green scam being touted in the market.  read more...

Oil gas and emissions all marginally down  

15 June 2007


Markets see a few more sellers as buyers start to run out of steam as fundamentals point to a slight over buy.  read more...

Peak vs Baseload  

18 June 2007


Sometimes negotiation on some elements of price could result in some interesting opening into the black box which is electricity pricing.  read more...

Emissions sell off  

19 June 2007


Emissions still a key focus on the UK market and the small sell off in UK power is almost all led by the emissions sell off.  read more...

Politics and Energy  

20 June 2007


Power in politics could be hotting up and next week we will start to see the effects of a new political era. How will it effect the power markets.  read more...

Bill validation and ethics  

21 June 2007


How necessary is bill checking? Once upon a time it was totally justified but nowadays it is more of a fine call.  read more...

Day Ahead pricey  

22 June 2007


Selling long and buying short seems to be a smart trade but the risk reward ratios at the moment do not justify the trades.  read more...

Met office appear to struggle  

25 June 2007


Its wet almost everywhere and this only proves that predicting the weather is like trying to pick the winner at Wimbledon. Everyone knows that Federer should win and this was the hottest summer on record but it looks like a Pat Cash could win again!  read more...

Market falls on coal gas and carbon  

26 June 2007


Normal trading conditions continue in the mild mannered Summer.  read more...

Watch the retailers  

27 June 2007


Retailers hint at more market stability.  read more...

All change  

28 June 2007


Who will be the new energy minister and will Hilary Benn be the best man for new nuclear build his Dad is not a supporter.  read more...

A joy to be French  

29 June 2007


Typically if there is a French way of gaming the system they will find a way of breaking the rules.  read more...


Energy News by Date
2012 2011 2010 2009 2008 2007 2006 2005 2004
december november october september august july jun may april march february january
RSS Feed
Keep up to date on energy trading news.
Click here to subscribe
RSS
Day Ahead Electricity Prices

1y  6m  3m  1m
Powerisk Online
Powerisk Online tools and services.
Click here to login
Glossary
Glossary
Powerisk glossary of power terminology.
Click here for glossary
Glossary