Ecotrade
The companies engaged in emissions trading require a precise, high quality information system and an appropriate strategy for approaching the carbon market.
All involved installations register their CO2 emissions according to that stipulated in the Greenhouse Gases Emission Title. This is based on a comparison of this record with the allowances held by the company with emissions estimates and thus making it possible to evaluate the company’s position in the market (short vs. long, that is, buyer or seller).
In the nearly 12,000 facilities under CELE, it may be stated that 80% of allowances were assigned to 15% of facilities, that is, a rather small number of companies dominate the market and allowances prices, referred to as market players.
In Portugal, the situation is practically the same with 30 of the 244 national facilities involved representing approximately 90% of assigned allowances.
Considering such facts, allowance management by differing companies and their participation in the emissions market is necessarily guided by different criteria. However, there is one aspect in common: that this new reality diverges from the core company business and hence it is extremely important that every decision impacting on this area be supported by specialist advice on this field..
Correspondingly, Ecoprogresso decided to create a pack of services and products especially designed for facilities included under CELE, covering all the needs to ensure compliance with every legal obligation in the most possible efficient, economic and environmental way. In this context, Ecoprogresso launched Ecotrade® to provide companies with a credible, safe and simple service for trading in allowance processes.
We intend to strengthen the economic benefits from trading in emission allowance, ensuring compliance with legal stipulations and avoiding the heavy fines incurred due to a lack of allowances.
Companies involved should never wait until the end of each emission allowance trading deadline as in doing so they shall thus waste the opportunities generated by this market.
It is essential that emission allowance management and trading decision making be based on professional advice taking into consideration every restriction on this new reality in order to minimize all risks and maximize all benefits.
Buying and Selling of Emission Allowances (Blue Next)
With an active account in any one of the 25 member state national records (in Portugal), any legal or natural person is empowered to trade in emission allowances (USA), AAUs, CERs and ERUs through Ecotrade ®.
A Ecotrade ® is available for the trade of any amount of emission allowances.
