EU Carbon Volumes Surge to Record in 3rd Quarter as Value Rises

Bloomberg have reported an increase in value and volume of carbon trading in the EU for the third quarter of 2011.

 

According to the report from the trusted news organisation, “Trade in European Union carbon permit futures contracts surged 65 percent to a record 1.52 billion metric tons on ICE Futures Europe in London last quarter.

“There were 926.2 million tons traded in the three months through September last year, according to aggregated carbon futures data from ICE, the biggest exchange for carbon trading. The value of trading advanced 13 percent in the most recent period to 16.4 billion euros ($21.6 billion), based on average benchmark 2011 prices.

“The previous record for volume was the second quarter of last year, when 1.42 billion tons traded valued at 22.2 billion euros. Volumes of United Nations Certified Emission Reduction futures surged 82 percent to a record 347.7 million tons on ICE in the three months through September, as the value advanced 8 percent to 2.7 billion euros and 2011 prices dropped near record lows”.

As these figures demonstrate, carbon trading is an increasingly important market sector. The European Union Emission Trading System (EU ETS) is the largest multi-national, emissions trading scheme in the world. Louis Redshaw, head of environmental markets at Barclays Capital predicts that Carbon will be the worlds biggest commodity market, and it could become the worlds biggest market overall.

How Can I invest in Carbon Credits?

Carbon Expert have managed to keep credit prices extremely competitive. Purchasing credits from Carbon Expert assures that you are receiving premium carbon credits which represent real emissions reductions. By selling these on to companies and individual investors are able to profit from the growing demand for carbon credits.

To find out more about carbon credit trading, contact a member of the Carbon Expert team