European companies outline concerns over emissions trading

Corporates are expressing concern at the ramifications of the European UnionEmissions Trading Scheme – just as EU member states finalise their nationalallocation plans. By Paul Lyon

As European Union member states busy themselves finalising their national allocationplans (NAPs) for trading greenhouse gases under the EU Emissions Trading Scheme(ETS), a number of European corporates are expressing concern that the schemecould raise power prices and adversely affect their businesses.

Bruno Vanderborght, vice-president, environment, for Holcim, the Swiss cementcompany, last month labelled the scheme “insane.” Speaking at a Europeanemissions conference in Brussels

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