Tag: EU Emissions Trading System

TheU emissions trading system (EU ETS) is a cornerstone of the EU’s policy to combat climate change and its key tool for reducing greenhouse gas emissions cost-effectively. It is the world’s first major carbon market and remains the biggest one.

Carbon Pricing Projections

Carbon Pricing Projections that are doomed – except for the last man standing

Posted on Bruce Menzies1 CommentPosted in Chairman’s Blog

On the day (June 1st 2017) that the US announced it is pulling out of the Paris COP21 Agreement, we look at the patchwork of carbon pricing projections in the public domain that are doomed. The EU ETS is not fit for purpose. The UK’s ‘official’ (BEIS) ‘curves’ are not only straight lines, counter-intuitively, they […]

Carbon Pricing Projections that are doomed – except for the last man standing was last modified: October 26th, 2018 by Bruce Menzies
For gas to cost the same as Hinkley, an integrated OxyFuel + CCS process is required

Carbon Capture and Storage: a winning hand for UK oil companies

Posted on Bruce MenziesLeave a commentPosted in Chairman’s Blog

Converting liabilities into assets via Carbon Capture and Storage (CCS) can enable oil companies not only to mitigate manmade climate change, but also to turn a tidy profit in the process. Carbon Capture and Storage: a winning hand for UK oil companies was last modified: October 26th, 2018 by Bruce Menzies

Carbon Capture and Storage: a winning hand for UK oil companies was last modified: October 26th, 2018 by Bruce Menzies

Joe Bloggs and the Only Price of Carbon that Matters

Posted on Bruce MenziesLeave a commentPosted in Blog

The incessant roar from governments and policy makers, international conglomerates, entrepreneurs and business leaders the world over, as they clamour vociferously for a carbon price, is not just deafening, it’s exhausting. Even poor old Joe Bloggs, that much-beloved proverbial man in the street, wants one – if only because he’s rapidly succumbing to climate change […]

Joe Bloggs and the Only Price of Carbon that Matters was last modified: August 19th, 2018 by Bruce Menzies
oil derrick

Stranded assets: do they have a future?

Posted on Bruce Menzies1 CommentPosted in Chairman’s Blog

For a classic example of stranded assets, look no further than the ‘proved reserves’ i.e. oil in the ground, which feature in the annual reports of major oil companies.  Whilst adding apparent value to the corporate share price, their true worth is at significant risk from carbon liability. Why? Because the days of emitting carbon dioxide […]

Stranded assets: do they have a future? was last modified: August 19th, 2018 by Bruce Menzies