The EU ETS legislation allows compliance companies a certain amount of Kyoto units (CER, ERU) to be submitted instead of EUA (the amount varies between EU member states) . As CER/ERU trade at lower prices compared to EUA the price difference presents a risk-free profit opportunity for every compliance company.
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to discuss topics like:
How to swap EUA for CER and earn on the spread
How many CER your company may use for compliance instead of EUA
What type of CER to acquire when performing the swap