Tag Archives: Kyoto Protocol

EU Carbon May Advance as EU Nations Consider Tightening Limits – Bloomberg

European Union carbon permits may advance in the next five months as 37 nations in the Kyoto Protocol consider tightening emission limits before 2020, according to Climate Mundial Ltd. in London. Each industrialized country in the climate-protection agreement needs to provide United Nations officials by April 30 “information relating to its intention to increase the ambition of its commitment,” according to a decision agreed a year ago in Doha, Qatar. Kyoto’s second-commitment period, which runs from this year, sets nations’ emission limits until 2020 when a new treaty is set to start.

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25 July 2013 – Trading Halt Shows UN Carbon System in Jeopardy (Bloomberg)

An unprecedented freeze in United Nations carbon trading is fanning speculation the five-year-old market designed to combat greenhouse-gas emissions in poor countries is in danger of becoming superfluous.

CER demand may recover as countries step up climate-friendly policies, according to Daniel Rossetto, the London-based managing director of Climate Mundial Ltd., an emissions-markets adviser. Prices have already more than doubled since sliding to a record low of 20 cents a ton on April 14. “These offset credits are going to be essential tender for rich nations” as they tighten emission-reduction targets, Rossetto said by e-mail yesterday.

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17 June 2013 – EU Carbon Defies Logic as UN Talks Stall, Climate Mundial Says (Bloomberg)

On EU carbon prices, which fell 4.2 percent today to 4.57 euros ($6.10) a metric ton after rising 16 percent last week: “EU carbon continues to defy logic, providing a price signal based on a belief that there will be long-term carbon cuts through 2030 and beyond that have yet to be agreed. There is no other way to explain why the commodity has any price whatsoever when there is no scarcity today and backloading only deals with half of the glut.”

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10 December 2012 – Doha Carbon Market Decisions May Not Impact Prices, Mundial Says – Bloomberg

Supply, demand and price of EU allowances, United Nations Certified Emission Reductions and UN Emission Reduction Units may not be immediately impacted by Doha climate decisions, says Daniel Rossetto, managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets. He was speaking yesterday in an e- mailed response to questions.

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5 December 2012 – UN Envoys Not Held to Account as Climate Changes, Mundial Says – Bloomberg

Daniel Rossetto, managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets, comments on the pace of United Nations climate-protection talks. Negotiations are taking place this week in Doha, the Qatari capital.

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