Germany Wants Industry Exemptions from CO2 Regulation
November 16th, 2008Posted by: Roger Pielke, Jr.
This is rather remarkable, as reported by The Guardian last Friday, emphasis added:
The German government wants extensive exemptions for energy intensive industrial sectors for their carbon emissions caps from 2013, Chancellor Angela Merkel’s chief spokesman said on Friday.
“We’ve got to prevent companies from being threatened by climate protection requirements,” government spokesman Ulrich Wilhelm told a news conference. Wilhelm gave no further details and said negotiations were taking place.
The Financial Times Deutschland newspaper reported on Friday that Germany wants to liberate companies from charges for EU allowances (EUAs) if they produce more than 4 kilograms of CO2 per 1 euro of turnover.
That would free companies in the steel, glassmaking, cement, paper, ceramic, and chemical sectors from paying for permits.
November 16th, 2008 at 10:30 am
What is the point of any mitigation at all then.