We have a long track record in emissions management and trading.
In 1999, we began piloting an internal emissions trading program to help us achieve our CO2 reduction targets. In April 2002, BP completed the world's first registered emissions trade in a regulated national greenhouse gas market. And we are now a leading trader in the European Union Emissions Trading Scheme. In the US, BP's recently created Emissions Allowance and Renewable Energy Credit (REC) Trading and Origination team provides help through new market-based solutions, as permitted under applicable regulations.
We know all about the challenges that companies face when it comes to addressing emissions targets, evaluating the advantages of switching fuels, buying low-carbon electricity, or meeting their objectives through emissions credits.
That's why we are able to offer a package of tailored options that can meet an individual company's unique needs. We can help access accurate information, provide understanding of regulatory requirements and market opportunities, develop business strategies and analyze risk, value and pricing.
For further information on emissions trading in the US, click here