carbon expo may 2013 · historic low eua and cer prices responding to macro-economic fundamentals...
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Carbon Expo
Barcelona
May 2013
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Historic low EUA and CER prices responding to macro-economic fundamentals
€0
€5
€10
€15
€20
€25
€30
Daily prices (€)
EUA
Secondary CER
Primary CER
Primary CER post-2012
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Supply of international credits outstrips demand
* EU-27, Iceland, Liechtenstein, Norway and Switzerland
** Only covers supply of Kyoto credits
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Carbon initiatives are developing faster than ever
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New schemes with growing GHG coverage
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Carbon tax implemented or scheduled for implementation
ETS implemented or scheduled for implementation
ETS and carbon tax
ETS under consideration
Considering similar approaches: over 60 jurisdictions emitting 24 GtCO2e/y (half of global emissions)
Over 20% of global emitters with carbon pricing initiatives implemented or scheduled