Carbon trade ‘mess’ leaves businesses in the dark
28 August 2012
Many purchasers will have to wait at least a year before knowing what machinery and power generating units they need to help their company meet allowable carbon dioxide (CO2) emissions targets.
Ian Dobson, chairman of the CIPS energy committee, said the delay is because the government has not yet allocated emission levels to individual high-energy user companies. He described the situation as “a bit of a mess”.
Companies expecting to exceed limits on CO2 emissions will be forced to buy carbon credits, which are trading at around €8 a tonne this month...