The 50ZERO approach

Learn how we are reducing CO2 emissions in Europe more effectively than other platforms.

The European Union's objective for 2050

In order to achieve the 2°C target, all countries have agreed in the Paris Climate Protection Agreement to drastically reduce emissions of climate-damaging greenhouse gases.

For us Europeans, this goal means that we in the European Union must reduce our CO2 footprint to zero by 2050.

Emissions trading = upper limit for CO2 emission

In Europe, the EU Commission has installed an emissions trading system (ETS) in which large industrial companies and energy producers must participate.

For each year, the Commission defines an upper limit (cap) for greenhouse gases emitted, which may not be exceeded by industry.

This cap is reduced from year to year. By shifting this cap, the EU can control how quickly the 2°C target is reached.

Effects of emissions trading

The participating companies bid for CO2 certificates from the EU. A CO2 certificate entitles the bidder to emit one tonne of CO2 or an equivalent amount of other greenhouse gases once. In total, the EU sells as many certificates each year as it has set as the annual cap.

Once a year, EU companies must calculate how much CO2 they have emitted and submit the corresponding amount of CO2 certificates. These are then cancelled.

If a company does not have enough certificates, it can buy additional certificates at auction from the EU or buy them from other market participants. This creates a price for CO2 certificates.

The higher the demand for certificates or the lower the available quantity, the higher the price.

Effective withdrawal

With 50ZERO you withdraw CO2 certificates from the EU Emissions Trading Scheme and shut them down.

This means that you are effectively helping to lower the upper limit for emissions even further. Practically a booster for achieving climate targets.

A CO2 certificate that you withdraw from the system can no longer be used by an industrial company to emit one tonne of CO2. This makes climate-damaging business models such as coal-fired power generation unprofitable and creates incentives to switch to climate-friendly technologies.

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