20464
tons CO2 taken off the market
How it works:
The problem:
The EU issues nearly two billion emission allowances to companies each year. Each allowance entitles the holder to emit one ton of CO2. However, the number of these allowances is far too high and their price far too low to encourage the use of low-emission technologies. If this continues, we Europeans will never reach our climate targets!
Our method:
Together we buy CO2 emission allowances, making them unavailable to the major European polluters, thus forcing a reduction of emissions within Europe. Each emission permit held by Compensators means one ton of CO2 less in the atmosphere! The scarcity of emission allowances leads to price increases, which in turn make low-emission technologies more competitive.
Your contribution:
We can only withdraw large quantities of CO2 allowances from circulation if we work together. Compensate your footprint, become a Compensators member, donate to us, or talk about us! We are 100% run by volunteers and turn your donation into a political statement! In the end, politicians will have to massively reduce the number of emission allowances issued annually. That is what we are all working for, and we are happy to have you with us.
News
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