Annual Report 2010 - Verein der Kohlenimporteure eV

This stabilised prices and even pushed them up slightly.
According to initial estimates, CO 2 emissions in
Germany, after dropping due to the economic crisis in
the previous year. Nearly 38 MtCO 2 more were emitted,
still 2.5% or 21 MtCO 2 less than CO 2 emissions in 2008.
Low temperatures pushed up energy consumption
significantly in 2010 compared with 2009 – and also
(i.e. “colder”) than in 2009.
In total, a 4.2% increase in greenhouse gas emissions is
expected for 2010. This would represent an estimated
23.4% reduction of CO 2 emissions compared with
the 1990 base year. With this, Germany would clearly
exceed its binding objective of a 21% reduction for the
period 2008-2012.
Changes against previous year in million tonnes CO 2
60
40
20
0
-20
-40
-60
-80
-37,4
-65,2
-47,2
-31,5
-8,9
-20,8
-16,2
1,7
-1,6
The following illustration shows the prices expected as
at 04/2011 for the years 2011 to 2014:
European Carbon Permit Prices 2011-2014 EU ETS
22.00
20.00
18.00
16.00
14.00
12.00
10.00
8.00
Change of CO 2 Emissions in Germany
-16,4
20,9
-2,3
-28,8
-8,7
-7,9
(€ /t Co 2 ) Forward Market 2010/2011
08.12.
24.12.
31.12.
7.1.
14.1.
21.1.
28.1.
4.2.
11.2.
18.2.
25.2.
4.3.
11.3.
18.3.
23.3.
1.4.
6.4.
2011
Figure 24 Source: Spectron
2012 2013 2014
Figure 23 Sources: Umweltbundesamt; Deutscher Wetterdienst; AG Energiebilanzen; own calculations
0,8
-27,1
-13,3
3,5
6,8
16,1
original values CO 2 -emissions
-7,1
-16,1
-2,2
-1,1
-6,4
-8,7
-8,6
-17,2
-14,1
temperature and stock adjusted CO 2 -emissions
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
6,2
1,3
-22,9
-0,2
0,7
-21,4
-59,2
-56,4
37,7
17,7
45