Home / Knowledge / News / EU Emissions Trading Scheme disappoints chemical sector
EU Emissions Trading Scheme disappoints chemical sector
25
Jan '08
The Chemical Industries Association called for greater certainty and understanding for energy intensive business following the European's Commissions published proposals for the EU Emissions Trading Scheme, as announced by president Jose Manuel Barosso. The sector also urged the UK Government to support harmonised EU rates for auctioning emissions allowances.

Commenting on the Commission's proposals Nick Sturgeon, Head of Climate Change and Energy said, "we are disappointed that the proposals postpones decisions on the treatment of industry until 2011 if the UN process is unsuccessful in delivering a post-Kyoto emissions agreement.

Sectors like chemicals, that are energy intensive and exposed to international competition, need reassurance that they will be shielded from the full cost of a unilateral EU move to auctioning.

Decisions on investment in new plant and innovation require long-term predictability with clear assurances that there will be a sustainable business environment under the revised EU ETS."

Nick Sturgeon added, "we are also concerned by Environment Secretary of State, Hilary Benn's, call for individual member states to be given the flexibility to set independent levels of auctioning.

This flies in the face of the Commission's proposals to harmonise the implementation of the EU ETS across member states.

There are likely to be an increased number of UK chemical sites within the scheme after 2012, so a level playing field within the EU is essential - in the UK we already have additional conflicting Climate Change instruments we must not be at further competitive disadvantage."

Chemical Industries Association


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search