Get your FREE Carbon Credits Trading Information Pack
Apply today for your FREE Carbon Credits Information Pack and start to learn about this exciting market. Here are just a few of the reasons why you should consider getting involved in Carbon Credits Trading:
- Neutralizing your carbon footprint. Probably the most obvious reason for a company or an individual to buy carbon credits is to offset their carbon footprint. Industrial processes and household activities both contribute to carbon emissions, which, in recent years, have been stirring debates and raising concerns. From the environmental activists in the wilderness to some of the most powerful decision makers in the boardroom, people are increasingly talking about climate change and global warming as less of a theoretical threat and more of a real and present danger. Carbon credits main purpose is to be retired so that greenhouse gas (GHG) emissions are compensated for. On the compliance carbon market, countries buy and sell credits to meet their Kyoto targets. On the voluntary carbon market, businesses and households voluntarily take part in carbon trading to compensate for the environmental damage they cause on a daily basis.
- Figures show the carbon exchange market is growing. According to a joint report by Ecosystem Marketplace and Bloomberg New Energy Finance, in 2009, 98 metric tons of carbon dioxide emissions (MtCO2e) were transacted on the global voluntary carbon market. In 2010, that number jumped to 131.2 MtCO2e transacted – a growth by 43 per cent, which is a historic level for the overall transaction volumes. The same report predicts that these figures will increase to 213 MtCO2e in 2011 will most probably reach 406 MtCO2e by 2015.
- EU in talks to extent the Kyoto Protocol. The international agreement, which was originally signed in 1997, is due to expire in 2012. The European Union recently announced plans to extend it, with hopes that the countries signatories will agree to continue complying with their GHG caps. The EU long-term vision is that, post 2018, the Kyoto Protocol will be replaced with a single global pact that includes placing caps on all major nations’ emissions.
- Carbon offsetting can boost your business. This not-so-secret tactic has been adopted by corporations large and small as part of their strategic marketing and PR campaigns. Eco awareness makes for noticeable headlines that catch the attention of potential investors. Moreover, client-oriented businesses, like tourism companies, have been using carbon credits to appeal to the growing eco-minded portion of consumers, who are becoming more aware of the environmental consequences their leisure activities are leaving behind.