Climex News Update

Market participants are bullish on prospects for the creation of a US federal cap-and-trade scheme following Senator Barack Obama’s presidential victory, but remain uncertain about when and how a system will be put in place.
Obama beat Republican presidential candidate John McCain by winning 349 electoral votes compared to McCain’s 163, according to the latest tally. Obama won 52 per cent of the popular vote versus McCain’s 44 per cent.
Market participants applauded this decisive win, predicting it will help ease the creation of a national cap-and-trade scheme. (Source~: Pointcarbon)

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Monday, November 3 - 11:56

Other News

Posted by Sascha Bloemhoff in General Interest

After 7 years of fruitful dedication, Tames Rietdijk has decided to leave Climex and pursue his ambitions elsewhere.

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Wednesday, October 29 - 14:48

Trading Workshops for Industries

Posted by Sascha Bloemhoff in Trading

For those who want to learn:
• How the Carbon market works
• Who are the most important players
• Volume and price developments
• What is Climex is and how can you join
• How the Climex trading platform works

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Special Fees and Services for Liquidity Providers

Posted by Sascha Bloemhoff in Trading

A good market, which means enough liquidity and best market prices, is in the interest of both traders, industries and Climex. Climex is therefore willing to remunerate parties contributing to this goal with lucrative trading fees and extra services. The trader needs to place one order per day on Climex which is conform to the market.

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Dailly Settlement on Climex from 30 October 2008 on

Posted by Sascha Bloemhoff in General Interest

Climex will settle all transactions carried out on working days before 11.00 hours (CET), on the very same day, before 15.00 hours (CET). Climex will make money available immediately and rights transferred into Climex as soon as the money or rights are credited to the Climex accounts and Climex received a telephone request by the member.

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Preparing Industry for the Austrian Government Auction

Posted by Sascha Bloemhoff in Trading

Auctioning is becoming more and more relevant as a national allocation method within the EU ETS. Germany has announced it will be auctioning 40 million EUAs at the latest from 2010 on. The UK will auction its first volume mid November and Austria is planning to auction the 2008 EUAs early December.

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EU Directive Insecurities Concerning Phase III of the EU ETS

Posted by Sascha Bloemhoff in General Interest

The lack of clear decisions of the European Commission (EC) and the European Parliament (EP) on the legal framework for phase III of the Emissions Trading Scheme have significant influence on prices of phase II.

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First Austrian Government Auction Struggles with Political Changes

Posted by Sascha Bloemhoff in Trading

In June 2008, the Austrian Federal Ministry of Agriculture, Forestry, Environment and Water Management (short: Lebensministerium) announced annual auctions of 400,000 EUAs. The first auction was planned to be held in October 2008.

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ITL-CITL and Allocations Update

Posted by Sascha Bloemhoff in Trading

Spot Trading in the EU ETS is very much dependent on the availability of EUAs and the functionality of and trust in the registries. Therefore, the role of Spot trading was quite insignificant during the first months of 2nd phase trading activities. This might change throughout the end of 2008.

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Climex Welcomed 105th Member in October!

Posted by Sascha Bloemhoff in General Interest

We are very pleased to announce we welcomed our 105th member last month! In the previous newsletter the counter was on 91 registered participants and we promised to reward a wake-up light to our 100th member.

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Dutch Government purchases Electricity and GoO’s through Climex Energy Auction

Posted by Sascha Bloemhoff in General Interest

Electricity Auction
On 23 September 2008, Climex Energy Auction auctioned the 2010 and 2011 electricity contract for the Dutch Ministry for Housing, Regional Development and the Environment, with an option on the electricity supply for 2012 and 2013. During the one-hour auction, five interested suppliers competed on price. After the auction, the contract was awarded to the supplier who offered the best price.

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Tuesday, October 28 - 02:34

Slide in EU carbon price "will not be long-term"

Posted by Jos Cozijnsen in Trading

Market analyst Point Carbon expects a "robust" carbon price for the 2008-12 trading period, despite a current downward slide amid economic uncertainty. The prediction is in line with previous forecasts. "Prices could go lower in the short-term but they will be higher in the longer-term," manager Kjersti Ulset told ENDS on Monday. The EU carbon price dropped to an 18-month low of EURO 17.60 per tonne in early trading on Monday as European firms sold carbon allowances freed up by lower production forecasts (Source: Ends Daily)

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