- Instrument sales strong despite rising business
costs.
Chemicals Weak European demand, coupled with US economic woes and decreases in world trade, will continue to restrain chemical industry growth, reports the European Chemistry Industry Council (Cefic). According to midyear 2003 forecasts, Cefic estimated that the EU chemical industry grew only 0.7% last year and is set to grow ......
- Trading solutions for lowering air pollution: trading
of greenhouse gas emissions allowances can lower the cost of regulatory
compliance and create business opportunities.
Thanks to innovative trading in greenhouse gas emissions allowances, complying with air pollution regulations isn't the same for all firms all the time. In this rapidly growing field, a company--be it an electric utility, a dry cleaner, or an auto body shop--can, in effect, buy a real option from another ......
- Trading Solutions for Lowering Air Pollution
HEADNOTE TRADING OF GREENHOUSE GAS EMISSIONS ALLOWANCES CAN LOWER THE COST OF REGULATORY COMPLIANCE AND CREATE BUSINESS OPPORTUNITIES. IMAGE ILLUSTRATION 1 Thanks to innovative trading in greenhouse gas emissions allowances, complying with air pollution regulations isn't the same for all firms all the time. In this rapidly growing field, a ......
- Climate Change and the "Montreal Action Plan"
In December, despite the federal election campaign, Canada successfully hosted an important international meeting under the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol. To the amazement and relief of many, the Montreal meeting made significant progress on three key "F's: formal implementation of the Kyoto ......
- Greenhouse gas reduction policy in the United States:
Identifying winners and losers in an expanded permit trading
system.
Adam Rose (*) Gbadebo Oladosu (**) We present an analysis of the economic impacts of marketable permits for greenhouse gas reduction across industries and income groups in the United States. A computable general equilibrium model is used to simulate permit markets under various assumptions about permit allocations, industry coverage, revenue ......
- Emissions trading at work: the U.K.'s emissions
trading scheme has been in operation for more than a year and a half now
and has worked remarkably well. As Canada prepares its Kyoto treaty
plans, it...
The imperatives created by the Kyoto Protocol are likely to change our approach to emissions management, and it's time for managers in organizations large and small to look more closely at initiatives designed to control industrial emissions. The federal government has made some steps towards meeting its 6% reduction in ......
- Nuts and bolts of pollution trading
The US withdrawal from the 1997 Kyoto Protocol on climate change may have been a political blow, but economically, it might make it easier for the 178 nations that stuck with the agreement in Bonn to achieve their individual emission-reduction targets. The reason is the market for trading pollution permits, ......