Efforts by German cement maker HeidelbergCement to stop the EU carbon emissions trading scheme from launching on 1 January on the grounds of severe threats to its business have been dealt a serious setback.
An administrative court in Karlsruhe on Monday threw out a request from the firm to grant a one-year delay in implementation of the scheme in Germany. The firm essentially argues that its forced participation will cause it to lose 40-50% of its cement producing capacity (EED 26/07/04).
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