EU CO2 trading "will force firms out of Europe"

Two French business leaders have predicted that industry will be forced out of Europe by the EU greenhouse gas limits and carbon dioxide emission trading. In a front page article in Le Monde newspaper on 11 December, Bertrand Collomb of cement producer Lafarge and Guy Dollé of steelmaker Arcelor allege that the European Commission has failed to harmonise national plans for the scheme. They criticise the exclusion of transport and households - both big CO2 emitters - and the fact many industrial companies are also not covered, producing discrimination. See article.

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