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Greenhouse gas quota: Earn money with electric cars

Updated: Dec 12, 2024


The picture shows a car fuel nozzle inserted into a tank, with euro banknotes in their hands that symbolize the greenhouse gas quota.

Germany's greenhouse gas (GHG) quota offers electric vehicle owners a unique opportunity to make money by reducing emissions. This articlewe will see Greenhouse gas quota: Earn money with electric cars and how electric vehicle drivers can benefit from the program by selling unused emission quotas to companies that must meet their sustainability goals.


What is the GHG rate in Germany ?


The GHG quota, also known as the "greenhouse gas reduction Quota," is a financial incentive for owners of electric vehicles in Germany. It aims to promote the use of energy from renewable sources and reduce greenhouse gas emissions


How does GHG quotas work ?


The GHG ratio is calculated based on the amount of co2 emission reductions in electric vehicles. CO2 emissions reductions are determined by comparing the CO2 emissions of electric vehicles with the CO2 emissions of comparable gasoline or diesel vehicles. It does not matter that savings are actually realized. For comparison, the Ministry of the Environment estimates the power consumption of electric vehicles. These values are reviewed annually by the Ministry.


Who is entitled to GHG quotas?



GHG quotas are available to owners of fully electric vehicles registered in Germany. However, the vehicle must be registered after 2020/1/1.



How can I apply for a GHG quota ?


To apply for GHG quotas, you need to contact a service provider that specializes in marketing GHG quotas. The service provider needs proof that you are the owner of an electric car. You can provide this proof by sending a copy of the vehicle registration document to the service provider.



As soon as the service provider receives proof of ownership, he will apply for a GHG quota on your behalf and sell it.


The money for Eauto, Quotlix and MyGreenCashback are three German companies that offer premiums to owners of electric vehicles that sell greenhouse gas quotas through them.



EAuto Bonus for money [as of 2023/10]


_TASCHENGELD EXPRESS: 65€ BONUS, PAID WITHIN 7 days


_ Pocket Money risk: Bonus payments of up to 2-4 euro within 350 months, depending on the price of the GHG quota



Quotlix Bonus [as of 2023/10]


Bonus up to € 340: Withdrawal within 4-6 months, depending on the price of greenhouse gas quotas


MyGreenCashback Bonus [as of 2023/10]


€80 Bonus: Withdrawal within 4-6 months


How do I apply for a greenhouse gas bonus ?


To sell your greenhouse gas quotas through money for Eauto or Quotlix, you can create an account on their website and once your electric car account is approved, you can sell your greenhouse gas quotas.


The service provider will find a buyer for your GHG quota and negotiate the best price for you. As soon as the sale is agreed, you will receive your bonus payment.


Follow these steps :


_ Contact a service provider that specializes in the marketing of greenhouse gas quotas.


_ Provide proof of ownership of electric vehicles to service providers.


_ The service provider takes over the application and marketing of GHG quotas for you.


conclusion


For the allocation of greenhouse gases, electric vehicle owners can benefit from their eco-friendly decisions by selling emission rights, and this initiative not only promotes more environmentally friendly transportation, but also provides financial incentives to make electric vehicles more attractive in the process of reducing Germany's environmental impact.

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