Frank Watson on Muck Rack

Frank Watson

Managing Editor, European Emissions Market — Platts
As seen in: Platts

Business writer, commodities analyst, energy and environmental markets specialist, with focus on carbon trading in Europe. All tweets in personal capacity.

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@frankdwatson — 280 followers, 327 tweets

A shout-out on #MLKDay. This is the day when many remember a man, and many others, who stood up for what is right, often in the face of intolerable violence and intimidation. Equality, decency, integrity, freedom, respect. These are the values upon which great nations are built.
Now I'm a traditionalist when it comes to buildings. But the original US embassy in Grosvenor Square, London, isn't as fine, grand and imposing a building as you might imagine. Moreover, the new embassy at Nine Elms will be bomb-proof and ram-resistant as well as clean and green. 
@mark_johnston Yep, only postponed. Invalidation on Jan 1 was the big issue until this was all resolved. It still leaves some uncertainty after this year. But I'd be guessing UK will now stay in EU ETS until 2020.
EC today said UK #CO2 allowances will not be tagged and invalidated under #euets as UK has legally brought forward 2018 compliance deadline to March 15, 2019, two weeks ahead of Brexit day, demonstrating UK's ability to enforce 2018 compliance. As expected, trouble averted.
A reality check for China's national carbon market. With no cap, how will allowances have a value? A lot of questions still to be answered:
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