EU emissions trading

Emission rights trading is a European Union market economy tool used to fulfil the climate protection goals stipulated in the Kyoto Protocol. When the European emissions trading system was introduced in 2005, in particular large and energy-intensive companies were required to calculate their annual CO₂ emissions and submit relevant emission rights for every ton of CO₂ to the German Emissions Trading Authority (DEHSt). Companies that do not initiate measures for recording and reducing their emissions in the near future will be faced with sizeable charges. The EU emissions trading system enables companies that optimise their emissions management and lower their emissions further than required to also generate additional income by trading emissions certificates. However, this can only succeed if the requirements set out by the emissions trading system are integrated into companies with a strategic and long-term approach. If this is possible, then emissions trading can yield many possibilities:

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