CF Partners and ETS Aviation offer airlines access to the carbon market

Victoria
By Victoria September 28, 2012 14:46

CF Partners and ETS Aviation offer airlines access to the carbon market

CF Partners, the commodities trading, risk management and investment firm, and ETS Aviation, the emission data management specialist, have agreed a strategic partnership to offer airline operators the facility to buy and sell carbon credits on the carbon market.

Growing demand for EU Aviation Allowances (EUAAs) amongst airlines has led to CF Partners significantly increasing its activity in the market in recent months. In May, CF Partners announced a partnership with the European Energy Exchange (EEX) to support liquidity on the market for aviation allowances, EUAs and CER futures by becoming a market marker.

Under the terms of its latest partnership with ETS Aviation, CF Partners will execute and manage trades introduced by airline operators through ETS Aviation’s Carbon Exchanger link.

Finn Payne, Aviation Specialist, at CF Partners said: “Since the inclusion of airlines in the EU ETS there has been a growing call from operators for an effective means of accessing the carbon market. Our carbon trading services provide this means, offering airlines a simple and efficient way in which to buy and sell emissions allowances and ensure their compliance under the ETS.”

John Davis, Emissions Trader at CF Partners, added: “We are seeing growing demand for EU aviation allowances from airlines and are committed to supporting all operators looking to trade for compliance purposes. CF Partners is working hard alongside our partner, ETS Aviation, to help develop an efficient and liquid market for aviation allowances, which is essential if airlines are to successfully risk manage their carbon exposure.”

“ETS Aviation’s Carbon Exchanger link will provide all airlines and aviation operators with access to the carbon market, irrespective of their size and the volume of credits they are looking to trade in.” said Godfrey Haslehurst, who heads the Marketing for ETS Aviation. “This service, in partnership with CF Partners, will enable all operators of whatever size to buy or sell credits at the click of a button. Alongside our ‘Aviation Footprinter’ system that helps clients monitor, report and verify their carbon emissions, we have the ideal EU ETS solution.”

Airlines have been included in the EU Emissions Trading Scheme (ETS) since the start of 2012 placing a cap on their overall emissions of CO2. All operators now have to surrender one carbon allowance for every tonne of CO2 emitted on a flight to and from (and within) Europe. Airlines that emit more than their allocated amount of CO2 must reduce emissions or procure extra allowances/credits on the carbon market.

Victoria
By Victoria September 28, 2012 14:46
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