IHS Chemical Week

Nuclear Exit, Emission Costs Threaten Competitiveness of German Industry

1:57 PM MST | November 22, 2011 | Ian Young

Living on borrowed time: E.On's nuclear power plant at Brokdorf, Germany. The German chemical industry faces a number of tough regulatory challenges in the coming years. The most pressing of these relate to the sector’s energy supplies which, because of an already heavy legislative burden, are more costly than energy consumed in many other European Union (EU) and overseas countries. The German chemical sector, in the near term, will have to deal with key changes to the EU’s emissions trading scheme (ETS) from 2013 and, further ahead, with the impact...

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