Products
Environmental
Europe ERUs
Emission Reduction Units
Emission Reduction Units (ERUs) are very similar to CERs. However, as opposed to being generated through the CDM in the case of CERs, ERUs are generated though the Joint Implementation mechanism (JI). While the CDM is concerned with achieving ‘carbon-reducing’ trade between Annex 1 (Developed Countries) and Developing Countries, the Joint Implementation is concerned with achieving ‘carbon-reducing’ trade between Annex 1 countries. Similar principles to that of the CDM apply to Joint Implementation projects and again any JI project must reduce emissions against a 'business-as-usual baseline', i.e. the reductions must be additional.
As with the CDM, import of ERUs cross border is capped at between 10% and 20% of the importing installation's allocation of allowances. ERUs can only be used for compliance from 2008.
