Carbon Credits have been a fast-growing market in Europe since their introduction under the Kyoto Protocol in 2005. Trading Carbon Credits help to reduce carbon pollution and stimulates sustainable development.
Since mid 2009 Mp Solutions FZE has been actively involved in trading emission reduction certificates and European Union allowances.
European Allowances (EUAs)
EUAs are CO2 emission certificates as allocated to European industries by the EU and national governments. Companies exceeding their allowances may buy extra EUAs, while companies with excess EUAs can sell them. The Mp Solutions FZE Spot trading desk provides easy and quick and secure trading platform.
Certified Emission Reductions (CERs), Primary and Secondary
Under the Clean Development Mechanism (CDM) of the UN, CERs are certificates of clean energy and sustainable development projects in developing countries. They may be used – within limits – by European industries to comply with their quota of emission rights, thus creating extensive investments in CDM projects in countries like India, Brazil and others.
The distinction between Primary and Secondary CERs indicates whether the certificates are bought from the CDM project directly (Primary) or indirectly, through a third party (Secondary). While Primary CERs entail more risk, Secondary CERs are expected to play an important role in the European carbon market. The Mp Solutions FZE offers cleared spot trading, not only for EUAs but for CERs as well.
Emission Reduction Units (ERUs)
Instituted under the same principle as CERs, ERUs are certificates of clean energy and sustainable development projects in Central and Eastern Europe. ERUs, too, be may used by European industries for compliance – again, within limits. As soon as ERUs can be delivered in a register, they will be tradable on the all Exchange, where MP Solutions FZE has the membership, besides EUAs and CERs |
