Norwegians split on carbon trading scheme

The final draft of Norway's proposed legislation underpinning trading in greenhouse gas emission allowances (EED 30/06/04) has attracted vehement criticism from both conservationists and industry. NGOs deplore the surprise decision to include gas-fired power stations in the system. Industrial organisations welcome this aspect of the scheme but object to the exclusion of companies already subject to CO2 taxes. Many companies would also prefer "implementation of the directive in EEA legislation" rather than "a bilateral agreement with the EU". See environment ministry statement and reactions from Friends of the Earth and industry association Pil.

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