News
2009-06-03 - LONDON ENERGY BROKERS’ ASSOCIATION ANNOUNCES OTC CARBON VOLUMES GROWTH OF 82% TO OVER 1.1 BILLION TONNES
London Energy Brokers’ Association (“LEBA”), which represents the FSA regulated wholesale market brokers in the OTC and exchange traded UK and liberalised European energy markets, today announces that in the first five months of 2009, LEBA OTC Carbon volumes grew by 82% compared to the same period last year. A total of 1,127,850,358 tonnes of CO2 equivalent (CO2e) were transacted in the January to May period, compared to 618,624,949 tonnes in the same period of 2008.
In the EU Emissions Allowance market (EUA), a total of 945,985,608 tonnes of CO2 equivalent (CO2e) were transacted in the January to May period, compared to 541,035,949 tonnes in the same period last year, amounting to an increase of 75%.
In the secondary Certified Emission Reduction (CER) market, LEBA OTC Carbon trade accounted for an even greater increase over last year. Total CER volumes traded in the OTC market for the five months amounted to 181,864,750 tonnes of CO2 equivalent (CO2e), representing an increase of 134% over the same period last year.
| 2009 Jan - May | 2008 Jan – May | Increase | | EUA | 945,985,608 | 541,035,949 | 75% | CER | 181,864,750 | 77,589,000 | 134% | TOTAL | 1,127,850,358 | 618,624,949 | 82% |
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