Industry fears over EU scheme to cut greenhouse gases ‘ill-founded’

A study released by the (UK) Carbon Trust on 2 July 2004 says that industry's fears about the threat to competition posed by the European Union's emissions trading scheme are largely ill-founded. However, the aluminium sector could be severely affected by electricity price rises expected under the scheme which comes into force on 1 January 2005.

http://www.carbontrust.co.uk/Pages/Default.aspx http://www.carbontrust.co.uk/Pages/Default.aspx

http://www.defra.gov.uk/environment/climatechange/trading/eu/ http://www.defra.gov.uk/environment/climatechange/trading/eu/

---