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Commodities Briefing - Categorized | Environmental Trading, Regulatory more

EU court backs carbon-trading system

Posted on 17 December 2008

From IHT: ArcelorMittal and other steel makers are not discriminated against under European Union air-pollution rules that exempt industries with similar greenhouse-gas emissions, the European Union’s highest court said Tuesday.

ArcelorMittal, the world’s biggest steel maker, asserts that EU lawmakers unfairly excluded the aluminum and chemical industries from 2003 legislation that capped emissions of carbon dioxide in line with the Kyoto Protocol, the international global-warming treaty. …. Full Article: Source


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