Emissions trading (also known as cap and trade) is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

The European Emissions Trading Scheme (the 'European ETS') was created with an aim at reducing Greenhouse Gas emissions generated through certain industries in Europe, which together account for 45% of all of Europe's emissions.

A central authority (usually a governmental body) sets a limit or cap on the amount of a pollutant that can be emitted. The limit or cap is allocated or sold to firms in the form of emissions permits which represent the right to emit or discharge a specific volume of the specified pollutant. Firms are required to hold a number of permits (or carbon credits) equivalent to their emissions. The total number of permits cannot exceed the cap, limiting total emissions to that level. Firms that need to increase their emission permits must buy permits from those who require fewer permits.

Pan Energy Markets has established itself as a major participant within the Energy Markets. Its highly regarded team offer unparalleled service and facility to its clients.

PAN Energy trades the following energy products:

• Crude Oil
• Coal
• Natural Gas
• LNG
• LPG
• Fuel Oils
• Middle Distillates (Diesel, Kerosene, Jet fuel, Kerosene)
• HSFO