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General presentation of the Company
Since 1997, the Kyoto Protocol has set new regulations regarding ecological issues. In order to reduce greenhouse gases the European Union has taken some measures and created in 2005 a system of exchange of CO2 quotas. This is known as the EU ETS, the European Emission Trading Scheme. Every year, any company producing greenhouse gases will receive an annual allocation of European quotas . Companies producing a volume of CO2 higher than their emission rights should acquire missing quotas. On the contrary exceeding quotas may be either sold to other companies or retained as assets for the future. CEMSA’s primary objective is thus to purchase and sell any products and services connected with renewable or non renewable energies. Our role is to commercialise CO2 quotas on world markets with which we have agreements in the most efficient way. Trading carbon professionally and responsibly is the key to provide incentive to the developing world, to streamline capital to sustainable projects and create a widespread culture of preserving natural resources, utilizing them wisely for the long term. |