Factor

Factor CO2 offers the keys of the emission rights trading to the facilities of Seville

14 June 2017 | Markets

On Wednesday, June 14th,  Factor’s team, represented by Iker Larrea and Iria Flavia Peñalva, will give the information day: "The reform of the EU ETS Directive (2021-2030) and the market for GHG emission rights in 2017" along with the Ministry of Agriculture, Environment and Rural Development of Andalucía, in Seville.

The information day, directed to environmental managers, financial managers and company managers, aims to offer the keys to the proposals for reform of the EU ETS regulation for the next phase (2021-2030), paying special attention to the allocation Free of charge. As well as informing on what has happened recently in the emission rights market and providing the keys to good CO2 management in 2017.

Fernando Martínez Vidal, General Director of Prevention and Environmental Quality of the Regional Government of Andalucía, will present the information day.

In turn, Juan Contreras González, Head of the Air Quality Service, Ministry of Environment and Spatial Planning of the Regional Government of Andalucía, will explain the evolution of the European Emissions Trading System in Andalucía.

During the information day, Factor's team will detail the state of negotiations for the regulation of the European Emissions Trading System in 2021-2030, the new challenges presented to the sector to comply with the new regulations, as well as the impact which is expected to have this new regulation on the European CO2 market (free allocations, auctions, US supply and demand balances ...).

Another important issue that will be discussed during the information day is the management of CO2 in 2017, both in terms of regulation and in terms of its economic/financial component (aid for compensation of costs of indirect emissions, optimal management of the deficit on emission rights, etc.).

 

Since 2004, Factor CO2 has offered technical consulting and market services to governments and international organizations, as well as more than 400 companies.

 

 

Source: Factor