Preface

What will emissions trading deliver for the environment?

Margot Wallström, Commissioner for the Environment argues that 'scarcity' is vital for the EU ETS to work. More...

Introduction

Implementing Emissions Trading

If the EU ETS is to work, member states must not be overly generous in their allocation of allowances, warns Peter Vis. More...

Allocation Plans

Taking Tough Decisions on Emissions

Mark Nicholls reports on the fraught process of setting emissions targets for industry across the EU

Power

Industry Fears Impact on Power Prices

The EU ETS could well see electricity prices soar – a prospect that energy-intensive companies are none to happy about. Graham Cooper reports

Carbon Funds

Compliance off the shelf

Jessica McCallin talks to carbon fund managers offering a straightfoward way to mitigate emissions – and finds continuing uncertainty holding back investment

Corporate Profile

Lafarge

The world’s largest cement maker has been getting to grips with its carbon emissions for some years – but Lafarge’s approach to the EU ETS is far from set in stone. Roz Bulleid reports

Linkages

A Wider World of Carbon

The EU ETS is expected to be a precursor to a global market in carbon. Andrei Marcu considers some of the issues in linking the EU to schemes beyond its borders

Corporate Profile

Saint-Gobain

Saint-Gobain’s early actions have left the glass producer facing tough decisions on cutting its greenhouse gas emissions, finds Roz Bulleid

Accession Countries

Eastern Promise

The accession countries of Eastern Europe could provide a major source of reductions under the EU ETS. Eric Williams and Matt Kittel assess their levels of preparedness

Corporate Profile

British Sugar

Both of British Sugar’s main options for reducing its emissions – using CHP and closing old plants – are causing it headaches as it prepares for the EU ETS, finds Roz Bulleid