At EMISTRADE, we connect our maritime business customers with top-tier partners that will provide the best-priced EU ETS emission allowances outcome. Our partners, among the EU's top five, have over 15 years of experience and achieved more than 3 Billion Euros of sales in 2023. We ensure reliability and transparency, addressing the administrative challenges that will work best for your compliance needs.1. Founders:
Mr. Robert Grmek, Mr. Matej Bandelj, and Mr. Luka Knap , with 15 years of experience in ship management, specialising in MRV management, the phase before EU ETS and FuelEU Maritime, helps us address your shore office challenges effectively.2. Business Model:
We act as brokers to find new customers and partners, primarily in the maritime industry, who need EU ETS emission allowances.3. Partners:
We only collaborate with top companies specializing in carbon allowances trading to secure the best price for our clients.4. Value Proposition:
Our maritime background and industry knowledge alleviates administrative burdens provide you with cost-effective carbon allowances outcomes.
What is the European Emissions Trading System (EU ETS)?
The European Emissions Trading System (EU ETS) is a scheme introduced by the European Union (EU) in 2005 to reduce greenhouse gas emissions and promote sustainable environmental practices. It serves as a key tool in the fight against climate change, used both within the EU and beyond. The EU ETS applies to all EU member states, with Iceland, Liechtenstein, and Norway voluntarily joining the system. As of 2024, the scheme also includes the shipping sector.
What is the purpose of the EU ETS?
The goal of the EU ETS is to encourage the reduction of greenhouse gas emissions and facilitate the transition to a low-carbon economy. Between 2005 and 2023, emissions under the EU ETS decreased by 47%, with a target of achieving a 62% reduction by 2030. The ultimate objective of EU member states is to reach carbon neutrality by 2050.
What is an emission allowance (EUA)?
An emission allowance (EUA) is a permit allowing the emission of one tonne of carbon dioxide. These allowances exist in digital form and follow a standardized format defined by the European Commission.
Which companies are included in the EU ETS?
The EU ETS covers industrial companies that burn fossil fuels, particularly coal and gas, as well as airlines. In Europe, around 11,000 entities are subject to the system, including power plants, steelworks, the chemical industry, paper mills, cement plants, and other energy-intensive sectors. The EU ETS regulates approximately 40% of Europe’s greenhouse gas emissions. From 2024, the shipping industry is also included in the scheme.