WHO?CantorCO2e is a subsidiary of the
Cantor
Fitzgerald Group. The
Mitsui Group hold a 4% stake in the company. CO2e.com
LLC and Cantor Environmental Brokerage joined forces on 12 March
2007 to create CantorCO2e.
WHERE?CantorCO2e is headquartered in
London and San Francisco, with a further fourteen offices across
five continents.
WHY?The legislation
introduced to curb
Greenhouse Gas Emissions creates
obligations on industry but also creates commercial opportunities.
In the period 2005-2007, many such opportunities were not being
exploited by industry because they did not appear on the corporate
radar, but times are changing and industry is quickly learning how
to operate effectively in a carbon constrained
economy.
Legislation including, but not limited to, the
Kyoto
Protocol and the
EU Emission Trading Scheme
Directive, has resulted in a global market for the trading of
greenhouse gas emission allowances and emission reduction credits.
The concept of emission trading is to encourage those companies
with low cost emission abatement opportunities to exploit those
opportunities to the full. Such companies may then sell their over
achievement to those companies that do not have access to
economically viable means of emission abatementment. The net result
of the market for carbon allowances and carbon credits is that the
requisite emission abatement will be achieved at the lowest unit
cost to industry, so serving the needs of the environement while
protecting the economy. CantorCO2e operate in this dynamic
market.
CantorCO2e adopt the philosophy that long-term change of
the way in which the world use energy and the introduction of a
solution to the collosal threat of climate change will not happen
without the involvement of the world's capital markets because it
takes money to finance
change.
WHAT?CantorCO2e
[1279] is a global provider of financial
services to the world's environmental and energy markets. The
company offers services to companies engaged in using energy and
managing emission compliance obligations across the world.
CantorCO2e adopt an integrated approach in keeping with the spirit
of the Kyoto Protocol that is to balance the interests of industry
with the environmental goal of seeking to combat the critical issue
of climate change.