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!
31 January 2008
Targets look quite difficult to achieve just by cutting the norm! read more...
03 December 2007
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
21 April 2005
Real Terrorism versus Eco Terrorism may be a difficult choice. read more...
11 March 2005
NAP decision proceeds but with legal proceedings in the offing. read more...
CRC- What Price?
In November it was reported that traders in the UK energy markets were beginning to place bets that the Government will not go ahead with its controversial Carbon Floor Price. The Carbon Floor Price has relevance to the CRC, not least because some commentators have suggested that the fixed price levels could track the known Carbon Floor Price. Current EUA prices also seem vastly at odds to the proposed CRC price. British business is lobbying hard for a level and competitive playing field. read more...
03 February 2012
In November it was reported that traders in the UK energy markets were beginning to place bets that the Government will not go ahead with its controversial Carbon Floor Price. The Carbon Floor Price has relevance to the CRC, not least because some commentators have suggested that the fixed price levels could track the known Carbon Floor Price. Current EUA prices also seem vastly at odds to the proposed CRC price. British business is lobbying hard for a level and competitive playing field. read more...
Carbon Floor Price Announcement: The Market Reacts
The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though read more...
25 March 2011
The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though read more...
Japan, Germany & MENA -Global Energy
Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately. read more...
18 March 2011
Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately. read more...
Capacity Payments Discussed as a Tool to encourage Investment
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development. read more...
30 June 2010
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development. read more...
Coal, Gas & Carbon all help to hold WInter Down
Contracts across the power curve opened strongly helped by the high prices reported in the oil markets. read more...
28 April 2008
Contracts across the power curve opened strongly helped by the high prices reported in the oil markets. read more...
Speculator Irony
With all that has happened in the financial markets this past few days, and with Lehman Brothers collapsing on the 14th September, the one thing that has remained constant is the Speculator Trader rubbished as a cause of volatility and prices rises in one market or another. read more...
19 September 2008
With all that has happened in the financial markets this past few days, and with Lehman Brothers collapsing on the 14th September, the one thing that has remained constant is the Speculator Trader rubbished as a cause of volatility and prices rises in one market or another. read more...
Net UK Carbon position down 0.01%
Targets look quite difficult to achieve just by cutting the norm! read more...
31 January 2008
Targets look quite difficult to achieve just by cutting the norm! read more...
Large Plant Combustion Directive
We must watch carefully as to when and how old coal plant starts getting superceded. read more...
06 December 2007
We must watch carefully as to when and how old coal plant starts getting superceded. read more...
Traders through thin volume start to look at Carbon
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
03 December 2007
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
Energy Secretary gives the first annual energy statement to the Commons
Chris Huhne, the coalition government Energy Secretary yesterday gave the first annual energy statement to the Commons. He set out plans to secure energy supplies and cut carbon emissions. In all 32 measures were outlined all with the aim of helping the UK achieve the legally binding target to cut emission by 80% by 2050. read more...
28 July 2010
Chris Huhne, the coalition government Energy Secretary yesterday gave the first annual energy statement to the Commons. He set out plans to secure energy supplies and cut carbon emissions. In all 32 measures were outlined all with the aim of helping the UK achieve the legally binding target to cut emission by 80% by 2050. read more...
Capacity Payments Discussed as a Tool to encourage Investment
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development. read more...
30 June 2010
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development. read more...
Investing in the Future
The Wave and Tidal energy sector gets nervous ahead of the E-budget, concerned that funds will suffer as part of anticipated public spending cuts. Should this sector suffer? read more...
11 June 2010
The Wave and Tidal energy sector gets nervous ahead of the E-budget, concerned that funds will suffer as part of anticipated public spending cuts. Should this sector suffer? read more...
Queens Speech: Energy Bill Outlined
The state opening of Parliament is history personified, wrapped in lashings and lashings of ceremony, pageantry and tradition dating back centuries. But for all its spectacle, there is the serious business of the Queen's speech (actually the Government's) which this year included details of this coalition government's Energy Bill. read more...
25 May 2010
The state opening of Parliament is history personified, wrapped in lashings and lashings of ceremony, pageantry and tradition dating back centuries. But for all its spectacle, there is the serious business of the Queen's speech (actually the Government's) which this year included details of this coalition government's Energy Bill. read more...
No Financial Support for Nuclear
How will the coalition, that had such differing opinions about nuclear, find common ground? read more...
17 May 2010
How will the coalition, that had such differing opinions about nuclear, find common ground? read more...
Keep up to date on energy trading news.
Click here to subscribe
Click here to subscribe
Powerisk Online tools and services.
Click here to login
Click here to login
Powerisk glossary of power terminology.
Click here for glossary
Click here for glossary
