The EU Emissions Trading System has become the world’s largest market for trading allowances for greenhouse gas (GHG) emissions. During phase 3 (2013-2020), changes were made to the allocation mechanisms and a wider range of industries and GHGs were included. With phase 4 new rules regarding the application of free allocations, the annual reporting procedures and the monitoring of GHG emissions occurring in installations will be implemented.
sustainable advises companies on strategic emissions trading questions and helps them strike the most cost-effective balance between in-house measures to reduce GHG emissions and the trading of allowances. We offer a range of services including:
Further changes to the allocation mechanisms and compliance regulations are expected during the forthcoming phase 4. The implications for companies’ day-to-day business will vary depending on the industry and their plant configuration. Our services include: