EU Cuts Belgian, Dutch Carbon Emission Allowances
The European Commission has cut allowances for the amount of carbon dioxide industry in Belgium and the Netherlands can release from 2008 to 2012, saying the EU needed to have fewer carbon permits for its emissions trading plan to succeed, The Associated Press reports.
Dutch emissions will be capped at 85.8 million metric tons of carbon dioxide, five percent below what Amsterdam had asked for.
Belgium will have to cap emissions at 58.5 million metric tons of carbon dioxide, seven percent below what the government wanted.
An EU executive said it was policing national plans to create the scarcity needed for carbon trading to work.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Energy Storage in the Fast Lane
- Alberta Firm Aims for Energy Neutral Egg Laying Barn
- The Department of Energy Seeks to Improve the Better Buildings Challenge
- Behind the Meter: The Many Advantages of Energy Benchmarking
- Telecommunications Companies Upgrade Their Approaches to Energy
- Cutting Energy Use in Fire Stations
- Revolution Lighting Signs School Districts in NY, NJ
- Green Building Boom Is Pumping Billions into US Economy, Retrofits Are Fueling the Trend