What is the Kyoto Protocol?
Kyoto Protocol was signed in 1997 when the International Community became aware of the importance of the climate change and its relation with the greenhouse gas emissions. The developed countries intended to achieve stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system. Kyoto protocol created a range of tools to ensure the fulfilment of the agreements, such us the emission trading.
The emissions trading
Vives participates in the emissions trading through Ferraes Ceramica and Ceramica Vives within the trading period 2013 - 2020, receiving a free annual allocation of allowances. Vives annually checks its CO2 emissions by an authorized control organism and delivers to administration an amount of emissions allowances equal to the tonne of CO2 emitted. CO2 emissions covered are both the produced by the combustion of natural gas in their fixed installations, such as the emissions of CO2 emitted baking high temperature tiles due to decomposition of clays.