- Read more about RepuTex Greenhouse Indexes HERE

MELBOURNE, Tuesday 15th May, 2011 – A new greenhouse index from carbon and clean energy analytics firm, RepuTex, shows that emissions from companies covered by the Australian carbon price mechanism are set to grow more than 15% between now and 2020.

However, while emissions in the Australian carbon market will continue to climb, some companies, including BHP-Billiton, Wesfarmers, Xstrata, Rio Tinto and Centennial Coal, are set to cut emissions over the next decade.

The figures are brought to light with the release of RepuTex’ Greenhouse Index Series which provides the Australian market with its first benchmark of greenhouse gas emissions across the Australian market.

For the first time, RepuTex’s new Index series provides an opportunity for companies to compare their emissions against an industry benchmark to measure their relative emissions performance.

“On the surface, emissions may look to be rising in key industries, yet when we deep dive into the industry benchmarks we see emissions from key firms will slow through to 2020, said RepuTex Executive Director, Hugh Grossman.

“For example, we’re forecasting companies like Woodside, Queensland Gas and ConocoPhillips will grow their emissions 2-3 times current levels over the next decade, which sounds like a lot, but in parallel we expect emissions within our LNG Greenhouse Index to rise by over 450% by 2020, so those companies are well below industry and market averages.”

“In the Mining industry we are expecting our Mining Greenhouse Index to stay fairly flat over the decade, yet many of the majors we are forecasting will outperform the benchmark and register larger emissions reductions, such as Anglo American, BHP-Billiton, Wesfarmers, Xstrata, Rio Tinto and Centennial Coal,” said Mr Grossman.

A list of companies with forecast emissions lower than their industry benchmark was released by RepuTex today. Industry leaders include key firms such as AWE, ENI, Rio Doce, Rio Tinto, Bluescope, Penrice Soda, Boral, Origin and Snowy Hydro.

“To date the corporate segment has not had an independent benchmark of industry emissions, so corporate reporting of emissions levels has lacked a reference point. Likewise traders have lacked fundamental data to derive carbon market supply and demand information,” said Mr. Grossman.

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LNG EMISSIONS TO DRIVE GREENHOUSE BENCHMARK HIGHER

According to RepuTex, increased LNG output over the next decade will drive the 15% rise in carbon market emissions, with RepuTex’s Energy Greenhouse Index forecast to rise a whopping 150% over the next decade.
Emissions from the Power (4%) and Materials (3%) sectors are also forecast to rise, with emissions from the highly carbon intensive Metals sector set to drop 13% by 2020. Mining emissions will stay relatively flat, rising only 0.3% over the period.

Current investment in LNG is driving the growth in forecast emissions.

“We expect a steep rise in LNG emissions between 2013 and 2018 as more LNG plants become operational and reach full capacity. In particular Chevron’s Gorgon and Wheatstone plants are likely to grow to up to 12-17 million tonnes of greenhouse gas emissions, and Woodside’s Browse LNG plant, will emit around 12 million tonnes at capacity,” said Mr Grossman.

RepuTex’s index series is designed to act as a point of reference for companies to report their emissions, and for traders to forecast future carbon market balance. RepuTex’s new benchmark index series will be published monthly.

Media Enquiries
Adam Ford, Associate Director – Marketing
RepuTex Australia
Ph. (03) 9654 7099 | mob. 0425 320 533
Adam.ford@reputex.com

About RepuTex

RepuTex is Asia-Pacific’s foremost source of carbon market intelligence and a leader in the pricing of firm-level carbon liabilities.

The company supplies corporate, trading and capital markets firms with carbon market benchmarks and price information to assist customers make sound trading, reporting and business decisions.

RepuTex has offices in Melbourne and Hong Kong and has 15 analysts globally with backgrounds in energy, commodities, CDM and environmental markets.

-ENDS-

Read the complete article HERE

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A joint study by Standard & Poor’s Ratings along with carbon and clean energy analytics firm RepuTex indicates that the future for natural gas as the replacement for coal is far from secure.”

Read the complete article HERE

The paper, released by RepuTex carbon analytics in conjunction with Standard and Poor’s ratings agency, forecasts the impact of the Australian Carbon Price Mechanism on the shape of Australia’s National Electricity Market (NEM) through to 2020, examining the question of which fuel sources are likely to benefit most in the move away from coal generation.”

Read the complete article HERE

Read the complete article HERE

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Read the complete article HERE

Read the complete article