Tougher second round carbon trading caps urged

WWF calculates that EU's six biggest emitting countries will have to slash industry's allowance by 9%

Governments must set stricter caps in the second phase of the EU industrial carbon emission trading scheme if industry is to contribute to national emission targets, environmental group WWF said on Wednesday.

The NGO put at nearly 9% across six surveyed countries the required cut in maximum industry emissions in 2008-12 compared with the first trading period, 2005-7. Germany, the UK, Poland, Italy, Spain and the Netherlands, account for 68% of industry carbon emissions, it said. All member states have to submit national allocation plans (Naps) for the scheme's second phase by next spring.

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