Gibson, Jane
March 2007
ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p11
Trade Publication
The article reports that the European Chemical Industry Council (Cefic) has supported the European Council's energy reform initiative but questioned the role of the European Union (EU) Emissions Trading Scheme (ETS) and called for an examination of the effects of the green targets on the environment, competitiveness and society. The EU energy summit on March 9, 2007 proposed a 20% reduction in EU emissions by 2020, with emissions trading mechanisms set as a tool in achieving the goal.


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