What is GHG quota and how to monetize it?

Thomas Wachsmuth 22 April 2022 Tips, products, information & Co.

Reading time 5 Min.

The changes to the 38th BImSchV, which have been in effect since the beginning of 2022, offer drivers of e-cars the opportunity to benefit from their lower-emission driving style. The following explains how motorists can make a profit by selling or giving away their GHG quota to a GHG provider. The definition of GHG quota! The GHG quota is the short form for the designation greenhouse gas reduction rate and it was established as a climate protection tool. This serves to reduce harmful climate emissions from transport and to convert financial resources into renewable energies. The former biofuel quota from 2007 is being replaced by the GHG quota and orders CO₂-emitting companies to only produce a specified percentage of greenhouse gas emissions. If, for example, mineral oil companies exceed the value, then they have to GHG Savings buy from third parties to avoid high penalties.

Approach of the greenhouse gas reduction quota!

Since electricity is required to charge an electric car and therefore no direct exhaust gases are caused in the form of burned petrol or diesel, public charging point operators have been able to sell the emissions saved and earn money since 2018. But now it is also possible for private charging point operators, which include all purely electric cars, to set up their own THG Quota for sale. Regardless of whether you actually have a charging point like a wall box at home or not. However, that also means that Hybrid vehicles not eligible for quota are. In particular, companies that produce and sell CO₂-emitting fuels such as petrol and diesel buy up these saved emissions.

Drivers of e-cars can still at least 8 years benefit from the greenhouse gas reduction rate, as this is subject to an annually increasing percentage and is expected to rise from the current 2030% to 6% by 25. A thread for GHG quota in the ID forum shows the first experiences and recommendations of e-car owners who have already received payments.

Sale of own GHG quota

To sell its GHG quota, a GHG providers required to certify the GHG quota and release it for trading. These providers then take over the process of bundling, testing, submission and marketing, as the greenhouse gas reduction quota cannot be sold independently to a mineral company, as otherwise the mineral oil company and the Federal Environment Agency would have to do too much work. The Federal Environment Agency certifies the GHG quota and releases it for GHG quota trading.

GHG Quota Reporting Process

The registration of the GHG quota on a platform of a GHG provider takes place in three steps. The first step is the Registration on the network of the respective GHG provider. In order to be able to register, the first name, last name and e-mail address of the electric car driver are required. The second step is the Specification of the bank details, so that the bonus can be paid out. The last step is this Upload a photo the front and back of the vehicle registration on the respective platform. This step is crucial, as it checks whether the car is purely battery-powered and whether the driver has perhaps also registered on other GHG platforms.

Choice of GHG provider!

Working in principle all GHG providers in a similar way, yet each must consider four specific aspects in order to earn quota earnings. The first step is the testing and bundling. The check is the control of the information provided by the vehicle owner. It must be checked whether all the information is correct and whether the vehicle is entitled to a quota. In addition, the GHG provider bundles the quotas into one quota amount, so that not only marketing but also certification can proceed more quickly. The second step is the Certification. Here the bundled GHG quota amounts are transmitted to the Federal Environment Agency. The office then checks again whether there are duplicate registrations and then issues GHG certificates, which are then marketed. The third step is as follows Vermarktung. After the quotas have been checked and certified, marketing follows, in which the GHG quotas are only sold and bought in large quantities.

This large amount is important because it allows a serious negotiating position to be taken and a real market is created. The fourth and last step is the Transfer. The GHG provider transfers the GHG premium to the customer after a maximum of 14 weeks. So there is not much effort for the e-car driver and he can look forward to the payment. Although the providers work in a similar way, there are sometimes major differences in the GHG provider itself. For example, certain platforms pay particular attention to environmental protection, others promise a quick payout within a few days and still others try to use the Flex proceedsto achieve the highest possible premium for customers. It is therefore important to compare the different GHG providers in order to choose the right platform.

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