Home / Knowledge / News / EU Emissions Trading Scheme disappoints chemical sector
EU Emissions Trading Scheme disappoints chemical sector
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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search