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Carbon trading will hurt EU industry competitiveness.

Authors :
Walter, Patrick
Source :
Chemistry & Industry; 10/13/2008, Issue 19, p5-5, 1/3p
Publication Year :
2008

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.

Details

Language :
English
ISSN :
00093068
Issue :
19
Database :
Complementary Index
Journal :
Chemistry & Industry
Publication Type :
Academic Journal
Accession number :
35060697