Matthew Gray, senior lecturer as the center for Arab and Islamic Studies at Australian National University in Canberra, comments on the United Nations decision to impose a no-fly zone and other military action in Libya.
Jefferies Group Inc. boosted its forecast for European Union carbon permit prices in 2014 by 11 percent after the regulator proposed yesterday to temporarily cut supply in the three years through 2015.
United Nations offsets from industrial-gas projects may flood the emissions-trading program in New Zealand and push the country’s carbon prices lower if the European Union prohibits their use, according to IDEACarbon.
The European Union’s regulatory arm will propose a detailed plan next month for curbing oversupply in its carbon market, including the specific number of permits it recommends selling in auctions at a later date.
Mercuria Energy Trading SA’s investment in a Romanian energy producer shows how traders are looking to benefit from the country’s emergence as a natural gas exporter in a less-regulated Eastern European market.