Tag CO2

Italian Emissions Trading plants emitting less than 25.000 tons CO2/year and with a thermal energy input lower than 35 MW can opt-out from the ETS scheme and request to be admitted to a simplified management scheme for their CO2 emissions. The deliberation of the NAtional Competent Authority can be downloaded at the folowing link (Italian).

The deadline to present the request is Friday, 8th June 2012 @12 a.m.

See also on the same topic (only Italian):

24 04 2012 – Novità in arrivo per gli impianti ETS di dimensioni ridotte

Sorry, this entry is only available in Italian.

Last days for EU-ETS plants to surrender 2011 emissions to their national registries. Final deadline is April 30th 2012.

The Carbon market situation remains very uncertain, with EUA 08-12 Spot trading at around 7,19 €/t (EUA-08-12, Bluenext, 18/04/2012), as economic crisis has reduced significantly the emissions of EU plants (together with an increase of production of renewable energy). The attached graph shows verified emissions of the last four years: total EU-27 ETS emissions have decreased in 2011 by 12,5% compared to 2008 levels (14,4% for Italy), clearly showing an average reduction in the need to cover short positions, and therefore reducing the demand on the trading platforms.

The news introduced by EC from 2013, like the absence of free allocations for power production plants for instance, have not yet sorted the effects of maintaining a reasonable price level which can justify and really enforce investments in energy efficiency.

Is the pricing really reflecting already the new 2013 regime? Will the third period bring an improvement to the mechanism? Please send us your comments, or do contact us for more information.

EU ETS verified_emissions_2011_en

Tomorrow, 20th April 2012, at Isola di San Giorgio Maggiore (Venezia) an important event to know more about one of the consequences of greenhouse gas effect, with the participation of Sergio Castellari, National Focal Point of IPCC (Intergovernmental Panel on Climate Change) and Jaroslav Mysiak, distinguished and experienced researcher in water economics and governance, climate risk and adaptation. Start at h.4. p.m.

The Italian Minister for the Environment, Dr. Corrado Clini, presented yesterday the National GHG reduction plan for 2020 to the inter-ministerial committee for economic planning (CIPE). The plan is based on the EU targets and decarbonization strategy at 2050.
The measures include the creation of a ‘catalogue’ of technologies, systems and products for the decarbonization of the National economy; the introduction of a carbon tax (bringing resources to the Kyoto rotation fund); energy efficiency, distributed energy generation and development of smart grids and smart cities; green building and extension of the 55% tax credit for low carbon investments; the management of forests as carbon sinks and as a resource of biomass and bio-fuels.

These objectives “are aligned with technological innovation – explained Clini – and with the need of renovation of the production chains, and give to the European economy the opportunity to compete with that of US, India, China and Brasil, Countries which are heavily investing in new and low carbon technologies”.
The proposals fall into the scope of the National plan for the reduction of GHG emissions which Italy needs to implement in order to reach the targets identified by the EU energy and climate package (20-20-20).

[Source: Minambiente; Translation: MR Energy]

Why?

Emissions Trading

‘Zero impact’ does not exist. Human activities have always had an impact on the environment, since they involve the consumption of resources and energy. Over the centuries, industrial and technological development have dramatically improved our living standard and guaranteed us health, well being, protection from extreme events, food supply and boundless mobility. At which price. Our impact on the environment and climate has increased more and more, reaching today a level which is not sustainable anymore for our planet.

Policy Development

Governments around the world agree that there is an urgent need of a change in this trend. Many policies have been developed at national, European or international level aiming at the broad adoption of best practices which make our activities more sustainable.
Change is not easy though, because it requires us  to change our habits as producers and as consumers too. But we need to act, and we need to do it quickly.

[Continue reading about our Vision..]