Green business | Centre for Science and Environment


Green business

November 30th, 2001

The EU proposes to start emissions trading in 2005

THE European Commission (EC) has undertaken a major initiative to combat climate change by agreeing on a proposal for emission trading to be implemented in the European Union (EU) by 2005. The proposal will lay foundation for the largest emission trading.

The proposal, adopted recently, is designed to help the EC to ratify the Kyoto Protocol. It includes a draft directive on greenhouse gas emissions trading within the EU; and a communication setting out further measures for reducing greenhouse gas emissions. Environment Commissioner Margot Wallström said, "Emissions trading system will be an important cornerstone in our strategy to reduce emissions in the most cost-effective way."

The emission-trading scheme would cover upto 5,000 plants in the 15 EU states.

CoP19
CoP19/Warsaw
CoP18
Doha, Qatar
CoP9
Milan, Italy
CoP17
Durban, South Africa
CoP8
New Delhi, India
CoP16
Cancun, Mexico
CoP7
Marrakech, Morocco
CoP15
Copenhagen, Denmark
CoP6
The Hague, Netherlands
CoP14
Bonn/Poznan
CoP5
CoP5 Bonn, Germany
CoP13
Bali, Indonesia
CoP4
Buenos Aires, Argentina
CoP12
Nairobi, Kenya
CoP3
Kyoto, Japan
CoP11
Montreal, Canada CMP 1
CoP2
Geneva, Switzerland
CoP10
Buenos Aires, Argentina
CoP1
Berlin, Germany
 

Uthra Radhakrishnan
Email: uthra@cseindia.org
Tel: +91 11 29955124