Carbon prices will become more volatile said a report by global business consultants GlobalData last week. Future of Emissions Trade said increased volatility will come as a result of the greater difficulty in forecasting carbon markets. A large number of variable factors, from global economic growth, fossil fuel prices and international and national climate agreements mean models forecasting carbon prices have a wide range of results.
The report also noted the European sovereign debt crisis had drastically reduced carbon demand, hence its price in the trading market also suffered a steep decline. The failure of the international community to agree on a common goal in a post-2012 Kyoto framework has also damaged the confidence of the private sector, and played a key role in lowering the carbon price.
Being Sustainable Can Save Your Business Money
Drax Retail (Haven Power & Opus Energy) CEO Jonathan Kini spoke to Business Reporter about how businesses can get more from sustainable energy.
22 Nov 2017 | Industry
Haven Power shortlisted for CSR, Charity and Community Initiative at EDIE Sustainability Leaders Awards 2018
Haven Power has been shortlisted for the ‘CSR, Charity and Community Initiative’ at the EDIE Sustainability Leader Awards 2018.
31 Oct 2017 | Press
Haven Power raises 33% more at Macmillan Coffee Morning
Local energy supplier Haven Power raised £497 at its Macmillan Coffee Morning for Cancer Research, that’s 33% more than its last year’s £365 total.
26 Oct 2017 | Community