The system introduced in 2005 by the EU works on the “cap-and-trade” principle whereby a maximum limit is established on the total permitted greenhouse gas emissions. Cap-and-trade asks companies to cap, trade, sell and buy emissions allowances as needed.
The value of a carbon credit varies depending on the purchase period and market performance. Lately costs have been slightly higher, due to the increase in the price of gas which has led companies to use other sources of energy, renewable and fossil.
Participating in emissions mitigation projects means improving the brand’s reputation and competitiveness. You can also obtain easier access to financing sources that pay attention to ESG (Environmental, Social and Governance) sustainability indices.