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Dr. Arthur Pelchen


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Starting with the implementation of the United Nations Framework Convention on Climate Change (UNFCCC) within EU and German legislation the business community is facing new and demanding challenges ever and again.

Since 1st of January 2005 operators of carbon-emitting facilities covered by the EU-directive on emissions trading need to report their annual carbon emissions according to legally defined standards and verified by an independent third party to their national competent authorities. Additionally they are obliged to cancel a number of allowances equivalent to their verified emissions. Since 1st of January 2010 aircraft operators are also covered by the EU-Directive.

To cover possible deficits, operators may trade allowances or invest in cost-saving international abatement projects (CDM/JI).

Additionally both individuals and companies increasingly use the possibility to render their operations climate-neutral by compensating their carbon emissions by abatement projects elsewhere.

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