Carlton Carbon

We were of two minds whether support around £40/t in the UK ETS would hold or not and it looks like...not. 🐻 The post-election downward channel is steepening again with successive lower lows over the last three sessions, hitting a ten-week low at £39.39/t today. 📉 Remember when we were talking about the pre-election Labour poll lead and a wave of investor demand pushing prices above £50/t for the first time since October 2023? Well today's Commitment of Traders update to the week ending July 19 shows investment funds have now slashed their net long position by 1.6 Mt (21%) to 6 Mt since its peak a couple of weeks ago. Potentially more losses for UKAs to come if investors continue to step back. #ukets #euets #carbon #carbonmarkets #netzero (ICE data)

It's that time again and Carbon Pulse have published their must-read quarterly EUA analyst poll, including my Phase 4 forecasts out to 2030. 📰 Spoiler alert ⚠ the general consensus of the 16 experts is that: 📉 Weak short-term fundamentals are dampening the impact of potential geopolitical/macroeconomic upside risks and slack #euets prices may linger for longer into 2025. 📈 The bullish long-term policy-driven trajectory still stands, particularly from 2026 when supply and demand balances begin to tighten. If you are an operator with compliance obligations, start planning for higher #carbon costs. 💶 ➡ Read the full article here: https://lnkd.in/erFBBr62 #carbonmarkets #shipping #maritime #decarbonisation #netzero

🛳 Very excited to be attending Riviera Maritime Media Ltd's Maritime Decarbonisation Conference in Amsterdam 🛳 Even more excited to be chairing what will be an informative and engaging roundtable discussion (in amongst a brilliant agenda): 💬 EU ETS: How to succeed under new emissions regulations 💬 The #decarbonisation challenge is fostering a fantastic willingness throughout the #shipping industry to collaborate so it should be a productive couple of days! #carbon #euets #maritime #netzero

Today's #KingsSpeech laid out The Labour Party's legislative priorities, aiming to unlock economic growth and "take the brakes off Britain".   It's encouraging to hear the Government is set to prioritise the UK's trade and investment relationship with the EU and #RenewableEnergy production and infrastructure.   Potential public and private funding has also been earmarked for #GreenSteel, #GreenHydrogen, industrial #decarbonisation, #gigafactories and #ports via new #GreatBritishEnergy, #NationalWealthFund, and Planning and Infrastructure Bills.   A meaningful and timely impact on UK #emissions abatement will only be realised if these more ambitious #climate and #energy policies are properly funded and efficiently implemented.   From an #ETS perspective, perhaps the recent sudden drop in UKA values to ~£40/t from £50/t should be interpreted as a vote of confidence in the new Government's likelihood of achieving its aims, rather than as an election flop.

Great to see our colleague Iain Stevenson featured in the latest edition of UK Chamber of Shipping's Member Update! 🚢 #shipping #maritime #carbon #netzero #decarbonisation

Here's the latest from the UK and EU #carbonmarkets, and the potential outlook for the coming week, brought to you by our expert analysts. 📣 Want to know more? You can benefit from even more in-depth data, expert analysis, and specialist commentary by signing up for the full report at carltoncarbon.co.uk 📈 #euets #ukets #decarbonisation #shipping #maritime

During the lead-up to the UK General Election, speculation around a Labour victory reignited an otherwise stale #UKETS. With the new government now in place, how has the #carbon market reacted, and what can we expect in the near future? Read our full analysis in the article below to find out! If you have any questions, or would like a free UK ETS consultation, get in touch with us at [email protected] #euets #decarbonisation #netzero

It’s good news for ship owners, charterers, and operators, as we're excited to announce that we've joined forces with maritime solutions platform zero44 in a bid to make achieving EU ETS compliance as straightforward as possible. Our Business Development Manager Iain Stevenson said: “Collaborating with innovative #EUETS compliance platforms like zero44 demonstrates our commitment to helping #shipping companies understand and engage with emissions regulations. “The list of environmental legislation impacting the industry is ever-expanding, so it’s important that we keep our finger on the pulse with both our unrivalled #carbon expertise, and the technology that can make these changes as seamless as possible for our customers. “We understand that ongoing developments can be hard to keep track of, and sometimes it’s difficult to know where to start on your carbon management journey. That’s why we’re so excited to be working with zero44 to provide #maritime businesses with easy access to cost-effective EUA procurement services going forward.” Find out more in this article by Seatrade Maritime... https://lnkd.in/esjTRMCx

It’s good news for ship owners, charterers, and operators, as we're excited to announce that we've joined forces with maritime solutions platform zero44 in a bid to make achieving #EUETS compliance as straightforward as possible. Our Business Development Manager Iain Stevenson said: “Collaborating with innovative EU ETS compliance platforms like zero44 demonstrates our commitment to helping #shipping companies understand and engage with emissions regulations. “The list of environmental legislation impacting the industry is ever-expanding, so it’s important that we keep our finger on the pulse with both our unrivalled #carbon expertise, and the technology that can make these changes as seamless as possible for our customers. “We understand that ongoing developments can be hard to keep track of, and sometimes it’s difficult to know where to start on your carbon management journey. That’s why we’re so excited to be working with zero44 to provide #maritime businesses with easy access to cost-effective EUA procurement services going forward.”

It's been a week of change for the UK and EU, but how has this affected the #carbonmarkets? 🐻🐂 Take a look at your weekly #carbon snapshot below for the headlines. If you'd like to know more, keep an eye out for our full UK #generalelection analysis article which will be published on LinkedIn tomorrow! If you'd like to receive a detailed report direct to your inbox, drop us a message or subscribe at carltoncarbon.co.uk #euets #ukets #decarbonisation #netzero #shipping #maritime