Tag Archives: LInking Directive

The Golden Ratio

For over two thousand years businessmen have pondered about the Golden Ratio and been fascinated by it. Famous commodity traders such as Pythagoras, Euclid, Johannes Kepler and Fibonacci have all tried to make money out of the Golden Ratio, but … Continue reading

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Banking of linking capacity for airlines – use of CERs and ERUs for compliance

An airline wants to comply using CERs or ERUs.  For the year 2012, it has emissions of 100,000 tons.  It can use up to 15,000 CERs or ERUs for compliance.  For each of the years 2013 to 2020 it also … Continue reading

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Using CERs and ERUs in Phase 3

There are changes to the rules for using CERs and ERUs for compliance purpose in Phase 3 compared to the rules for Phase 2.  There are four main rules covering this, which you will find in Article 11b of the … Continue reading

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