Karbon-X Expands to European Emissions Trading

Karbon-X Corp. (OTCQX:KARX), a climate solutions firm, has launched its operations within the European Union Emissions Trading System (EU ETS). This expansion provides direct access to EU Allowances (EUAs) for entities under EU ETS regulation, enhancing Karbon-X's compliance market offerings. The operations will be managed from its Madrid office, staffed by experts in carbon market mechanisms and regulatory frameworks, particularly in the maritime and transport sectors.

This move into the EU ETS follows Karbon-X's growth in North America, underscoring a strategy to deliver integrated solutions across global compliance and voluntary carbon markets. The development aims to support clients through complex regulatory environments with high-quality carbon options and advisory services. CEO Chad Clovis stated the expansion is a strategic evolution to meet client needs across different jurisdictions.