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People & Business :: Green Issues

Solvay Predicted to be Most Exposed Financially to EU Emissions Trading

4:40 AM MST | November 28, 2011 | Alex Scott

Solvay is set to have the greatest exposure of more than a dozen leading chemical companies in the next phase of the European Union’s (EU) Emissions Trading Scheme (ETS)-- due to be introduced in 2013 --through to 2020, according to a report by ENDS Carbon for the Carbon Disclosure Project (CDP; London). The report analyzed disclosures from 271 of the largest European corporations across all sectors by market capitalization, representing 90% of the FTSEurofirst 300 index. CDP is an independent organization which publishes data on carbon emissions...

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