IHS Chemical Week

U.K. Industry Tallies Cost of Climate Policies

10:31 AM MDT | August 2, 2010 | Alex Scott

The Energy-Intensive Users Group (EIUG; London) and Trade Union Congress (TUC; London) have published a report predicting that by 2020 total energy bills for energy intensive industries in the U.K., including some sub-sectors of the chemical industry, could be 141% higher than they are today. Named ‘The Cumulative Impact of Climate Change Policies on UK Energy Intensive Industries,’ the report concludes that there is a need for a full cost-benefit analysis of energy-intensive sectors to understand the direct impact on the companies and the GDP benefit to the...

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