EMIT Environmental Brokers
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Return to Summary of all ProvidersPrimary activity : Project developerThe person or organisation that set up an offset generating project for the purpose of selling carbon offsets and reducing greenhouse gas emissions. , RetailerCarbon offset retailers either fund or purchase carbon offsets in large quantities and then on sell them to individual consumers in smaller quantities. , BrokerA broker is an intermediary, who buys and sells carbon offsets on behalf of clients. Price (per tonne CO2e) : AU$11 - AU$20
Summary
EMIT Environmental Brokers's view on the role of carbon offsets in addressing climate change"With a focus on the underlying risks and opportunities, EMIT develops market strategies for business dealing in a range of carbon and renewable products. EMIT Environmental Brokers (EMIT) is an Australian based origination, advisory and transaction services company operating in the emerging global carbon tradingA term used to describe an ETSAn ETS is an organised system of emissions trading that can be applied within businesses, states, countries and also internationally. Through an ETS an organisation is allocated an allowance for the amount of greenhouse gases it is permitted to produce. These systems allow those who reduce emissions beyond their obligations to sell their excess emission capacity to others within the ETS who are unable to meet their own emission reduction targets. There are two broad types of emissions trading schemes, cap and trade and baseline and credit. involving greenhouse gas emissions. and renewable energy markets."
Detailed InformationClick on the tabs below for more information:
Summary
Role in the Carbon Offset Market[Q1]Project developer, Retailer, BrokerMain client base[Q3]Wholesale offset sales; project developers and voluntary offset companiesBroker
Broker Information
Types of transactions in carbon credits offered[Q23b]- Spot tradesThe purchase or sale of abatement (e.g. carbon offsets) for immediate delivery. Spot trades are settled "on the spot" (usually within one or two business days), as opposed to at a set date in the future. Futures transactions that expire in the current month are also considered spot trades. Spot trades are also known as "cash trades". Spot trades are the opposite of forward contracts.
- ForwardsThe buyer invests the money upfront but does not get the credits until they are actually produced. These are long-term commitments that are predominantly done on a large scale. (Over The Counter)
- Purchase for surrenderCarbon offsets are purchased and retired from the market by the offset provider.Standard brokerage fees determined by[Q24]- We have fixed priced brokerage feeIndicative pricing[Q25]Information not providedMinimum tonnage required per transaction?[Q26]- More than 1000How is the retirement of abatement verified to your client?[Q27]- Information not providedIndependent certification and/or third party documentation to prove the validity of all the different offsets that you provide available[Q28]- Automatically every timeOffset Products
Offset Products
Price(s) per tonne[Q17]AU$11 - AU$20Are offsets packaged with other services (such as footprinting, carbon neutrality etc)?[Q10]No
[Find out more about project types]Offset Quality
Offset Quality
Organisation is licensed to provide financial advice (or to be an authorised representative in providing financial advice) in the context of brokerage of carbon commodities[Q23a]Yes - Australian Financial Services Licence Number: 298493How does your organisation calculate the amount and price of carbon offset required by customers?[Q10]- Personal contact from clients with specific needs for type of offset and tonnageDo you provide quality assurance or technical documentation on your web site or on request?[Q16]Information not providedIs your organisation audited by an independent third party for the sale and retirement of offsets and / or RECs?[Q16b] NoDoes your organisation supply National Carbon Offset Standard (NCOS) or NCOS compliant abatement to customers from 1st July 2010?[Q18] Yes, NCOS compliantAbatement that is compliant with the National Carbon Offset Standard. NCOS compliant abatement currently includes Certified Emissions Reductions (CERs) except long term (lCERs) and temporary (tCERs); Emission Reduction Units (ERUs); Removal Units (RMUs); Voluntary Emissions Reductions (VERs) issued by the Gold Standard*; Voluntary Carbon Units (VCUs) issued by the Voluntary Carbon Standard, however where VCU credits are issued for reduced emissions from deforestation and degradation (REDD) and other agriculture forestry and land use (AFOLU) projects, they must apply methodologies approved under the NCOS Standard. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual.
[Q19]What evidence of purchase can customers expect to receive when buying carbon offsets from your organisation?Information not providedWhat documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?[Q22]- Validation Report – From the Relevant Standard
- Certification Report – From the Auditors
[Find out more about issues relating to offsetting]
[Find out more about Certification Standards]Resources
Resources
Do you provide a carbon footprint calculation service for your customers?[Q12]- NoOther carbon management services[Q11]- Advisory services
- Carbon neutrality
- CDMClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here./JIThe Kyoto Protocol Joint Implementation mechanism allows developed countries to earn credits in the form of Emission Reduction Units (ERUs) when they finance projects that reduce net greenhouse gas emissions in another developed country. For more information see here. project management
- Carbon funds management
[Find out more about carbon offsetting]Projects
Project Information
No Project Information has been provided Contact Details
Contact Details
For more information please contact:
EMIT Environmental Brokers
www.emit-markets.com
+61413802502
Level 2, 100 Mathoura Road Toorak 3141 VictoriaInformation Submitted by EMIT Environmental Brokers in April 2010
