CHEMICAL industry, CARBON, EMISSIONS (Air pollution)
Abstract
The article discusses the Phase III of the European Union's carbon emission trading scheme (ETS) that could hurt the competitiveness of the chemical industry in Europe. It states that ETS will cost the industry an additional billions of euros in the future. Reinhard Reibsch of the European Mine, Chemical and Energy Workers' Federation states that the Phase III could cause the disappearance of cement and paper industry in Europe, as well as other energy intensive industries.
The article informs that the European Chemical Industry Council (Cefic) has been banned for eight weeks, from lobbyist register of the European Union. Cefic has received the ban after a complaint from the Friends of the Earth Europe and the allegations regarding failure to record its lobbying activities. The Friends had filed the complaint questioning Cefic's spending on lobbying.
Published
2009
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