BIG ENERGY CONSUMERS COULD RECEIVE FREE POLLUTION PERMITS UNDER EU CLIMATE CHANGE DEAL
November 1st, 2008
BY KEITH NUTHALL
A COMPROMISE proposal from France aimed at securing agreement this year over the European Union's (EU) proposed climate change package would see major energy consumers being eligible for free pollution permits. Paris does not want such European heavy industries to face unfair competition from rivals outside the EU based in jurisdictions operating much looser greenhouse gas controls. In such instances, the European Commission would be charged with "rapidly making figures available" to value the exposure of their risk to such polluting ...
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