The interaction between energy, finance and markets for carbon emission reductions is one of the major challenges of the 21st century. The scarcity of energy resources and the liberalisation of gas and electricity markets, combined with an increasing awareness of the threat of global warming, have led to a growing role of financial markets in shaping the energy-environment relationship. The European carbon market (the EU Emission Trading System) which negotiates each year more than two billion of tonnes of CO2 of a combined value of over 25 billion Euros is the most visible confirmation of an emerging carbon economy.
Energy, Finance, Carbon are today inevitably linked in an economic, environmental and geopolitical challenge that confronts our planet now and for many generations to come. The evolution of the world’s energy supply, its production, consumption and transport patterns, depends on the responses that are developed at the national, European and international level. Industrial enterprises, utilities, financial institutions and banks, national, European and international organisations increasingly demand young graduates capable of mastering the interplay between energy markets, financial techniques and environmental considerations. The Master Energy, Finance, Carbon responds to this demand.
Professor Jan H. Keppler and Professor C. De Perthuis