| Carbon Week |
| Carbon Week |
Proof edition: The Business Council of Australia (BCA) said it expected some or all coal-fuelled electricity plans to close after 2010; and risks would also rise from fuel contracts.
(Full Article)Proof edition: The right to pollute for free, was worth a huge value to generators which used brown coal. It allowed them to profitably compete with clean plant. The pollutors lobby-group the Business Council of Australia (BCA) aregued therefore the asset owners should get huge subsidies
(Full Article)Proof edition: Most Australian electricity was sold under 2-3 year forward contracts. To enter into such contracts under an Emissions Trading Scheme, generators will need to fix the price of their emission permits over the same 2-3 year period.
(Full Article)Proof edition: The impact of a carbon price of $40/t CO2-e on the existing operations of 14 case study of sleected high -pollution businesses, by the Business Council of Australia (BCA) was substantial, it said.
(Full Article)The Business Council of Australia (BCA) used CRA and ACIL Tasman gas models to back its case for larger carbon compo for coal generation and industrial pollutors.
(Full Article)The Business Council of Australia wanted special deals.
(Full Article)The Business Council of Australia (BCA) questioned the ability of the market to meet the demand for new investment in wind and gas generation implied in the Australian Government Green Paper.
(Full Article)The big question remains what will happen to existing obligations in the GGAS market now that DSA producers will no longer be contributing to supply from 1 January 2009? In theory, if the current GGAS obligations are maintained and DSA production is removed, the supply/demand status quo will be altered considerably. In 2007 almost 10 million NGACs were created via the DSA rule. NEET will remove this contribution, but the NGAC surplus still remains in the 10s of millions'.
(Full Article)The "machiavellian malevolence or the melancholy meanderings" of the crashing price of greeen instruments could be relieved with options, argued options-seller, Ken Edwards of Nextgen.
(Full Article)NSW Treasurer, Michael Costa said the losses to the State after 2010 carbon market were “sensitive and will be kept confidential”. The Auditor had warned the State should prepare a back-up “retention” plan.
(Full Article)Any old iron - and other metals scrap - were now traded globally, and a new business opportunity had appeared - as recycled metals earned carbon credits. Mitsui had set the metals recycling business as one of its key strategic business activities, and intended to earn carbon credits, replacing production with recycling. Mitsui reported China had recently bought “ferrous deep sea cargoes”; that is, shiploads of scrap metal.
(Full Article)Four out of fourteen - and perhaps 8 - of fourteen, carbon-exposed businesses studied,would close after the start of the emissions trading scheme in 2010, Greig Gailey, President Business Council of Australia told the Sydney Institute 27 August, 2008.
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