CantorCO2e [2037] 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.

CantorCO2e is headquartered in London and San Francisco, with a further fourteen offices across five continents.

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 abatement. 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 environment while protecting the economy. CantorCO2e operate in this dynamic market. Market prices are published through the London Energy Brokers Association [2038], in which Cantor CO2e is a member.

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 colossal threat of climate change will not happen without the involvement of the world's capital markets because it takes money to finance change.

External links

http://www.theautochannel.com/news/2007/05/15/047810.html

http://www.eleconomista.es/empresas-finanzas/noticias/180260/06/07/CO2e-and-Cantor-Environmental-Brokerage-Join-Forces-as-CantorCO2e.html

http://www.care.org.br/Noticia.asp?CodConteudo=315

http://www.thaibusinessnews.com/readnews.aspx?nid=01e30a9bf48949ebeae48a4d095e8413

http://www.financialexpress.com/fe_archive_full_story.php?content_id=158872