European renewable energy investors have called for global carbon price mechanism

More than 500 days in the future, a mechanism of about 2020 years later a new climate agreement, will be in constant discussion forming,carbon steel api 5l x60 oil pipeline finally agreeing on a climate conference in Paris in 2015.Before the agreement to surface, in addition to the governments of climate diplomacy, is mixed with nongovernmental organizations (ngos) and related businesses make recommendations.Irish global Renewable energy developers as a Mainstream Renewable Power, chief executive, Eddie O 'connor (Eddie O Connor) in Beijing, said in an interview with the "21st century business herald, the sum of carbon emissions in Europe and China account for more than half of global carbon emissions. The china-europe on carbon pricing, therefore, is to develop a legally binding to prevent the key to the international convention on climate change.

O 'connor throw this point of view, "because the world, the two countries (regions) is interested by transparent visual,CS Piping and plumbing fitting china supplier combined experience to solve the problem of carbon emissions, the European carbon market system has been implemented seven years, China also carried out in shenzhen last year, and many other pilot" carbon emissions trading.
That is to say, he hopes that China should play a hand in hand with the European climate leadership. At present, as China and the United States in the field of climate change the sound of the increasingly powerful, G2 (China) the power of partnerships to be amplified. However,Class 150lb ANSI B16-5 Welding Neck Flange there are also ngos that in climate diplomacy relations of power balance, China should also establish a closer cooperation with the eu.

But o 'connor's purpose in China, is to explore the new energy market of China, and promote international climate negotiations.

Avoid regulatory bank cut European subsidiary swaps guarantee

After the financial crisis, the swaps market by tighter regulation of the United States government, America's big Banks, however, find new ways to avoid regulation.Specifically, including bank of America, citigroup, Goldman sachs, jpmorgan chase and Morgan Stanley,ASME RF/FF Welding Socket Weld slip on flange some Banks have started to modify some provisions of overseas subsidiaries swap contracts, to evade the authorities of the regulation of derivatives trading.

To this, there are, according to people familiar with the modified terms and conditions of the agreement is aimed at America's big Banks, London subsidiary or its and non-us swaps between Banks. Because these companies have to operate with a large number of swaps, according to the requirements related to the bank to regulators promptly disclose the details of the swap. And when the content of the part of the contract is modified,carbon steel seamless A106 steel pipe and pipeline the corporation need not guarantee for overseas subsidiaries of swaps. All contract debt entirely borne by overseas companies. On the premise of not by the parent company guarantee, such contracts will not be affected by us regulators to review.

Derivatives, a consulting firm (jack Chen Pronetik) President (JackChen) said: "cancel the guarantee measures of transfer of the legal responsibility of American corporate entities, and protect the trading behavior of overseas subsidiaries."For Banks to swap contracts transferred to a subsidiary of the European, only by European regulators will bring many benefits. European derivatives trading rules of the earliest to wait until early 2016, and some bankers expected,natural gas spiral welding steel pipe even if the European regulation, its efforts will be far less than the United States. So, after the swaps parent company cut off contact with the United States, the United States parent company may further transfer part of the swap to Europe. Such a seemingly quietly shift, to give priority to with London European swap market, transfer of $700 trillion.