Abstracts

Petroleum, energy and mining industries

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Carbon trading

Article Abstract:

The European Union Greenhouse Gas Emissions Trading Scheme (EUETS), which primarily deals with the right to emit greenhouse gases, is discussed. The plan is designed to achieve the objectives of limiting greenhouse gases as envisaged under Kyoto Protocol. The carbon trading has already started in Europe with companies trading in tax credits amongst themselves thereby striving to achieve efficiency in reducing such emissions. The implications of the scheme for power generation industry are discussed.

Europe, Product standards, safety, & recalls, Waste Management and Remediation Services, Administration of Air and Water Resource and Solid Waste Management Programs, Pollution Control, Sanitary Services, Pollution Control & Abatement, Standards, Methods, European Union, Carbon, Control, United Nations Conference on Climate Change, 1997

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Sold!:... to the highest-bidding electric utility, who would have owned it anyway and now has to pay for it and who will need to trade it again and still not be ahead of the game

Article Abstract:

Allowances are fixed to a generating company allowing it to release a certain amount of emissions such as Sulfur dioxide and Nitrogen oxide up to a fixed 'cap'. The process has proved to be a success because the companies unable to meet the cap can buy credits from the companies that meet the cap at low costs, which leaves them with extra credits.

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The value of your eco-assets

Article Abstract:

The increasing co-operation between federal environmental agencies and electric utilities industry on natural resource management regulations is discussed.

Natural resources

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