Buying CO2 rights is not a direct form of CO2 compensation. It does give you the opportunity to pay a real price for your own CO2 emissions and to send a political signal.

The impact of permanently destroying emission rights depends on the number of people who buy CO2 rights and political adjustments to emissions trading. It would be fantastic if Europeans suddenly started buying up and destroying allowances en masse in order to send a signal and eliminate the large surplus of emission allowances. Hence our slogan “Buy out the Bubble!”.

Unfortunately, the dynamics of global trade and emissions trading are too complex to say that you compensate for CO2 when you buy CO2 rights. But if we create a scarcity of CO2 rights by purchasing emission rights and a campaign for an improved system, then every right you buy makes it more difficult for European companies to continue to emit CO2. The right you have purchased can no longer be purchased by a polluting company. This makes it more expensive for them to emit CO2, which gives them a financial incentive to emit less CO2.

In addition, the government must spend the income from the sale of CO2 rights on climate action (this will soon increase from 50 to 100% of the income). The price you pay for your CO2 right must therefore be spent on sustainability!

Instead of compensating, it is of course better to avoid emissions as an individual, but that is not entirely possible. When you drive a car, fly or eat meat or cheese, you emit CO2. With our tool you can calculate how much CO2 is linked to your behavior. You can then remove those tons of CO2 from the market and destroy them via our website.