EU carbon prices could double in five years, says thinktank
The price of carbon emissions in the EU’s Emissions Trading System (ETS) is set to double to between €35 and €40 ($40-$46) in the next five years, according to Carbon Tracker, a UK-based thinktank.
EU carbon prices set to quadruple by 2030, says Carbon Tracker
European carbon prices could double by 2021 and quadruple by 2030 if the European Commission legislates to align its current emissions targets with the Paris Agreement, according to a report by Carbon Tracker.
People moves: Carbon Tracker Initiative, CalPERS, PGGM and BMO Global Asset Management
Mark Lewis has left Barclays to become the new head of research and managing director of Carbon Tracker Initiative.
EF BRIEFS: FSB, Axis Bank, EIB, Stockholm, Canadian Solar, GRI, BP
The Financial Stability Board (FSB) has appointed nine more members to its new Task Force on Climate-related Financial Disclosures.
Carbon analyst Mark Lewis joins Barclays
Veteran carbon analyst and stranded assets expert Mark Lewis has taken up a new post, with Barclays.
Investors welcome tighter GHG targets from US and China
Investors have welcomed new targets on greenhouse gas (GHG) emissions announced by China and the US in which China has, for the first time, committed to reduce its absolute level of emissions.
Higher oil prices could still lead to stranded assets, warns report
Oil majors run the risk that their assets will be devalued even if oil prices rise, a report has warned.
Will there be blood?
The stranded carbon assets debate has gathered steam in the wake of a new report on the oil sector and after fossil fuel giants addressed the issue for the first time. What are the implications for investors, asks Peter Cripps.
Kepler Cheuvreux hires former Deutsche Bank carbon analyst
Former Deutsche Bank carbon analyst Mark Lewis has been appointed as a senior member of brokerage Kepler Cheuvreux's sustainability research team.
Exxon disappoints investors with response to 'stranded assets' risk
ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.