Emission trading

TheCompensators* retire CO₂ emission allowances (EUA) from the European Union Greenhouse Gas Emission Trading Scheme (ETS).

The European Union Greenhouse Gas Emission Trading Scheme was initiated in order to reduce the emissions of carbon dioxide (CO₂) in the European Union. At the moment, only large emitters from mainly the power- and heat-generating industry need to participate in this trading scheme. See the map to check which plants near your home are participating and how much they are emitting.

However, CO₂ is also emitted by private households and other companies. Technically, these emitters can participate in the trade, but participation is costly.

TheCompensators* participates in the emission trading. With the money we receive from our members or through donations, we buy EUAs and delete them. This process is also known as retiring emission allowances.

Once deleted the EUAs are not available for any other company or person, they simply do not exist any longer. The more persons voluntarily participate in the trading scheme in this way, the less CO₂ can be emitted by industries, the closer we come to the goals behind the emission trading scheme and the more steps we do towards a climate-friendly society.

To check the current price of an EUA please click here.