The implications of forthcoming EU carbon emission regulations
Climate change is one of those issues that companies have long considered ambiguous, with a solely ecological long-term impact. No more. When the European Union (EU) introduces its Emissions Trading Scheme (ETS), aimed at reducing atmosphere-damaging carbon emissions, companies and investor relations officers throughout Europe will finally have to see climate change in financial terms.Under the new scheme, due to be implemented on January 1, 2005, companies in the electricity, oil and gas,
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