Importance of Carbon Markets for Chemical Companies Builds

A series of “really interesting developments” are taking place in the European Union (EU) and internationally that are set to push up the price of greenhouse gas (GHG) emissions for chemical companies during the next few years, according to Mauricio Bermudez Neubauer, director/carbon markets for Accenture. The changes are taking place in spite of the weak international deal agreed at the United Nations (UN) Copenhagen summit in December 2009.   The EU is set to introduce a far tougher version of its emissions trading scheme (ETS) in 2013 that is...

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