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Commodity Market View

Backloading "an unnecessary intervention"; EUROFER

London, 19 June 2013

Despite the compromise found today in the European Parliament’s ENVI Committee, EUROFER still regards backloading as unnecessary intervention into a functioning market for carbon allowances. “The EU Emissions Trading Scheme is working as it should and Europe is well on track to meet its 2020... Read More...

IMAGE Backloading passes the ENVI, market impact very limited

Brussels, 19 June 2013

The Parliament Environment Committee (ENVI) today voted in favour of the Commission’s proposal to allow for backloading in the EU's Emissions Trading Scheme (ETS), increasing the likelihood of a positive vote in Plenary on July 3, according to analysis by Thomson Reuters Point Carbon, the... Read More...

IMAGE EU politicians back weakened rescue plan for carbon market

Brussels, 19 June 2013

European politicians, meeting in committee, on Wednesday gave their backing to a compromise plan to boost the price of allowances on the European Union's carbon market. However, the proposal still needs to get backing from a plenary session at the start of July and from EU member states if it... Read More...

Commodity Market Reports

IMAGE FAO Statistical Yearbook 2013

Rome, 19 June 2013

The 2013 edition of FAO's Statistical Yearbook released today sheds new light on agriculture's contribution to global warming, trends in hunger and malnutrition and the state of the natural resource base upon which world food production depends. Greenhouse gas emissions from agriculture grew 1.6 percent per year during the decade after the year 2000, new FAO data presented in the yearbook show,... Read More...

IMAGE Plug-in electric vehicles sales to reach 3 million by 2020

Boulder, 18 June 2013

While hybrid electric vehicles have largely been accepted as a part of the general automotive market in many regions, plug-in electric vehicles (PEVs) remain a new technology facing the challenges inherent in all new markets. Nevertheless, according to a new report from Navigant Research, the combination of rising fuel prices, falling PEV prices, and increasing availability of PEV models will... Read More...

IMAGE Hunger about more than food production

Rome, 15 June 2013

If the world wants to conquer hunger, it needs to tackle all the causes of hunger simultaneously particularly poverty, and not just concentrate on producing more food, Amartya Sen, Nobel Laureate in Economics, told the opening session of the FAO Conference.

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