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Kyoto and credit balances slightly tighter

24 Jun 2010 14:21
POINT CARBON ANALYSIS – In our updated CER/ERU balance we estimate an 84 Mt deficit for the Kyoto period. This is 25 Mt shorter compared to our update in March. Increased demand due to higher projected emissions for some countries (~68 Mt) and lower supply (~22 Mt) is to some extent cancelled out by lower forecasted CER/ERU demand due to AAU purchases by the Japanese private sector (73Mt). Moreover, the updated Kyoto balance shows that seven countries are short, up from three in March. Spain, Japan and Italy are still dominating the short side.

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01 Oct 10
"Short seven" still need to act on Kyoto deficits

POINT CARBON ANALYSIS –The updated Kyoto balance shows seven countries being short, the same as in June, with Spain, Italy and Japan displaying the greatest projected Kyoto unit deficits. The deficits of the seven countries total 332 Mt over the 2008-12 period. This is up from 283 Mt in June. The main reason for the increase is that Italy has reduced its governmental purchasing plan for CERs, ERUs and AAUs.

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01 Oct 10
Kyoto period credit balance shows CER/ERU surplus

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