go to homepageMore Resource SolutionsSave this Site

carbon trading
Carbon Trading
Quota handling through the European Union Emissions Trading Scheme (EU ETS) more...

Your Business Carbon Footprint
See how your Business is affecting the planet!..more...
wind generation
Carbon Footprint Surveys
Have an in depth assessment of you Business Carbon Emissions. more...
solar panels
Energy Performance Certificates
More energy laws coming into force in 2008. more...

Carbon Trading............

What is happening in the EU Emissions Trading Scheme

We are members of the European Union Emissions trading Scheme (EU ETS)

Please contact us here to Sell or Buy Quota

The Emissions trading Scheme (ETS) has the overall goal of reducing the emissions of greenhouse gases (GHG) to a predetermined and lowering target in order to help combat global warming.

This allows governments to set an overall cap on emissions around Europe and the World and to give companies the flexibility to determine how, where and when the emissions reductions can be achieved.

Because emissions trading uses markets and companies to make the decisions on how to deal with the problem of pollution, it is often touted as an example of effective free market environmentalism. The cap is set by a political process, individual companies are free to choose how or if they will reduce their emissions. Companies will choose the most cost effective way to comply with the pollution regulation, creating incentives that reduce the cost of achieving a pollution reduction goal.

Companies are allocated quota allowances in tonnes of the relevant emission, in this case carbon dioxide equivalent. Trading in the emissions quota allows companies to emit in excess of their allocation of allowances by purchasing allowances from the market. Equally so, any company that emits less than its allocation of allowances can sell its surplus allowances. The environmental outcome is affected only by the cap allocated.

Other flexible mechanisms such as Clean Development Mechanism (CDM) and Joint Implementation (JI) are the methods by which the UNFCCC's Kyoto Protocol enables participants to comply with emissions objectives via the development or investment in a carbon project.

Emissions trading principles are based upon a system of Energy Accounting, or emissions trading, to promote balanced and harmonised development throughout the world.


 

Keep in touch with your planet at Carbon Earth

For the latest information on Composting you can look at Composting UK