IHS Chemical Week

EnviroTech :: Environment

Germany Aims to Protect Industry from Emission Trading Costs

9:40 AM MDT | September 29, 2008 | Chemical Week Editorial Staff

Gabriel: Seeking ‘special’ rules. Germany says it will oppose the European Union’s (EU) plan to sell greenhouse gas emission permits to industrial companies at auction during the third phase of the EU’s Emissions Trading Scheme (ETS) from 2013 through 2020. The current system allocates permits free of charge. The German government says it will seek an exemption from the auction plan for the country’s energy-intensive industries, possibly including chemicals but excluding power generation, according to reports citing leaked government...

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