EU must cut emissions

Jones, Philippa
April 2007
ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p12
Trade Publication
This article reports that European Union (EU) companies were granted a surplus of carbon dioxide (CO[sub 2]) permits for 2006. According to preliminary figures from the European Commission, EU member states were granted 1.89 billion tons of permits for the year, nearly six percent more than the amount of emissions produced, causing the price of carbon dioxide under the emissions trading scheme (ETS) to fall as low as one euro per ton.


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