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Challenges ahead for European power and carbon trading

Posted on 12 February 2009

From Jcis.com: Production cuts in the European manufacturing sector are making it cheaper for the industry to emit carbon dioxide (CO2), as demand for pollution rights - EU Allowances (EUAs) and Certified Emission Reductions (CERs) - falls.

As economic sentiment plunges towards record lows, according to EU figures, some of the largest companies in the world, in the chemicals, steel, cement and pulp and paper sectors, are idling plants to save costs….. Full Article: Source


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