With the festive season just around the corner, here at Carbon Expert we thought it only right to wish you all a merry Christmas and a happy new year. We wish you all the best for the festive period and hope that the Christmas period brings all the happiness and pleasure it should.
A couple of things to note in terms of the carbon market for all you budding investors!
The first is the launch of our new website. For those of you that haven´t been on the website recently, we launched a new and improved format. As our company grows in terms of size and client profile, we have decided to become more accessible to the businesses we are speaking with, who are looking to offset their emissions due to the new legislations you are all aware of in 2012.
In accordance with our exit strategies and processes we have decided to have a dedicated website to businesses, so we can both educate and market to the companies who will fall within our parameters in terms of offsetting and purchasing. Please feel free to take a look when you get time. There is an abundance of new information on there that will help you educate yourselves further on what is the most exciting commodity of our generation.
The other big news recently of course was the outcome of the Durban Climate Change conference 2011. In a surprising last minute agreement delegates agreed to extend the Kyoto Protocol commitments into a second period moving on from January 2013. In doing so, many countries set aside important national ambitions and concerns so that they could move forward with the critical task of dealing with global warming, by putting in place emissions control policies, that hope to keep global warming below the critical 2 degree increase, universally accepted as the world’s point of no return. This agreement was truly remarkable given how unexpected it was, and the short time frame given for future commitments; and wonderfully re-assuring as it re-affirmed permanently the reality of using carbon offset as a primary method for reducing emissions.
The “Durban Platform” as it is being called, also promises a new legally binding framework by 2020, leaving it imperative that in the intervening period companies and governments continue their own sustainability polices and continue using the voluntary carbon markets for their emissions control.
The compliance market has jumped 13% on the news, and immediate pressure on available credits in the voluntary market was felt in the Carbon Expert offices, as we experienced a very demanding early December.
Finally we are very pleased to announce agreement for a new strategic partnership that means we will have an office in Abu Dhabi to service our clients in the GCC area from early January next year. Details to follow in due course.....
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