Tag Archives: swedish
Carbon Market Data Grows Emissions Database
Author: Faye Kilburn Source: Inside Market Data | 13 Jun 2013 European carbon market research and data vendor Carbon Market Data has added new data covering carbon emissions reduction projects to its European Union Emissions Trading System (EU ETS) database, to provide carbon traders, brokers and research functions within financial institutions with more granular information on the carbon emissions of countries in Europe. The EU ETS scheme , which is designed to tackle climate change, requires organizations that consume commodities , such as factories, power stations and energy providers, and other carbon-emitting industries such as pharmaceuticals, airlines, food and drinks manufacturers and hospitals — all of which are allocated carbon allowances each year — to monitor and report their CO2 emissions and return leftover emission allowances to their governments. Carbon Market Data aggregates all information generated by the scheme and published by the EU — including CO2 verified emissions and distributed allowances for each company — into a single database. In recent weeks, the vendor has updated the information it holds on emission-reduction projects developed under the United Nations Framework Convention on Climate Change, which operates in tandem with the EU ETS to reflective the most recent data issued by the UN. This information includes details of the type of projects being operated-for example, whether the project is a Joint Implementation (JI) between industrialized countries or a Clean Development Mechanism (CDM) project, which focuses on sustainable development in emerging economies; the country of origin of the project; the greenhouse gas reductions the project delivers, as well as data on the number of carbon credits or offsets issued to the countries involved by the UN in return for a reduction of atmospheric carbon emissions through the project. “The United Nations initiative collects data on new emission projects being developed by companies around the globe and publishes information, which we have added to the database,” says Cédric Bleuez, managing director at Carbon Market Data. Core users of this information are carbon traders and brokers who want more information about the sustainability profile of a company they are looking to invest in. Earlier this month, Carbon Market Data published emissions rankings of companies involved in the EU ETS scheme, and an accompanying report, following the release of verified emissions reports by the EU at the beginning of April. German electric utilities company RWE, Swedish power company Vattenfall and electric utility service provider E.ON were the three biggest CO2 emitters of the EU ETS scheme during 2012. “We found that the companies with the biggest capitalization are usually biggest emitters… and usually those having the biggest surplus of carbon allowances are steel makers and producers, while those with the biggest shortage of allowances are power producers,” Bleuez says. This data allows fund managers, carbon traders and brokers, analysts and M&A advisors to assess the business risks and opportunities associated with investing in a particular company, and to manage their exposure to carbon risk. The rankings and analysis are free to download in PDF format from Carbon Market Data’s website , and may be of interest to research professionals and analysts trying to understand the how companies’ shortage and surplus of carbon credits impact the price of carbon and stocks in the market, he adds. Continue reading
Native Buyers Return To The European Market
News Posted On: 30 May 2013 After several years in which money from struggling Eurozone countries has been invested in ‘safe haven’ or relatively healthy economies’ property markets, native investors have made major purchases in Sweden and Germany. In Germany, the LEG group, which was floated on the stock market in January, bought 2,200 apartments in Germany namely in North Rhine-Westphalia from a group led by Luxembourg-based fund BGP. LEG said it seeks to add a further 8,000 units. The price details of the deal were not disclosed, but North Rhine-Westphalia ‘has the highest population density in Germany, and it’s a place where people rent their homes,’ according to LEG Chief Executive Officer Thomas Hegel. It’s also the German state with the highest GDP, according to German state data. Meanwhile, Swedish property developer Balder expects to buy three major mixed-use assets in Stockholm, valued at SEK815m, or €95m from Fabege, by buying the companies that own them. The purchase will include the 13,700m2 Skeppshandeln 1 hotel, office and retail project which is already fully let though construction is not thought likely to be completed until the second quarter of 2014. ‘The properties have a considerable focus on hotels, stores and housing units,’ said Fabege’s Director of Business Development Klaus Hansen Vikstrom. However, the story may not be as simple as it appears. When LEG was floated in late January this year, it’s possible that it served as a repository for safe haven investors buying company shares rather than directly investing in property and there was debate as to whether the company’s shares were overvalued compared to its peers or in the light of its portfolio. If this were the case to too great an extent, LEG could be showing the way to a new, pan-European property bubble wherein investors from Eurozone countries with struggling economies move their money to safer, more prosperous Euro members like Germany. This would be a reversal of the trend pre-2008 in which small-scale investors from prosperous Euro countries were induced to invest in property in less prosperous ones like Spain and Ireland. The realization that ‘the resourceful rich just move their money to banks in northern Europe and avoid paying,’ in the words of Professor Peter Bofinger, advisor to Angela Merkel, lies behind a drive in Germany to levy a tax against the rich citizens of Europe’s poorer countries, potentially having a restricing effect on the flow of ‘safe haven’ money. Along with Germany, Sweden is one of Europe’s more prosperous economies. The sale of major properties there may be less significant than the fact that the properties themselves are already let before completion. Compare the situation in Dubai, where major skyscraper projects had to be shelved recently because of a lack of lettings. The Swedish situation at least doesn’t seem to be caused by a reversal of the pre-2008 flow of money. Paradoxically though, Sweden tops the list of countries that may be headed for a property crash, according to German bank Commerzbank. ‘The property booms in Sweden and Finland appear to be nearing their end, and we should soon see a price correction,’ the bank said in a statement in April. Written by Les Calvert – overseas property reporter Continue reading
Λουκάκια σπίτι – La Maison de Loukakia – Loukakia House
http://www.youtube.com/v/uQch5xRtqCI?version=3&f=videos&app=youtube_gdata
