Greenhouse Gas Emissions: Industry Fails to Adjust In Spite of Recession

CW’s analysis of greenhouse gas (GHG) emissions from top diversified chemical companies reveals that emissions at many firms fell from 2008 to 2009, primarily due to reduced production during the economic downturn. Despite the drop in production many firms have chosen not to adjust their emissions targets upward. The recession "has made a difference in total emissions reported to the Carbon Disclosure Project (CDP; London)," says Zoe Tcholak-Antitch, v.p. and head of investor programs at CDP. Emissions reported for 2009 were, overall, lower than...

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