Pulp and Paper Canada

News
Carbon Trading Will Hurt Finland


May 1, 2008
By Pulp & Paper Canada

The European Union-proposed trading system for greenhouse gas emissions will hurt Finland’s forestry sectors, according to a study by the Pellervo Economic Research Institute in Finland. PTT calculate…

The European Union-proposed trading system for greenhouse gas emissions will hurt Finland’s forestry sectors, according to a study by the Pellervo Economic Research Institute in Finland. PTT calculates the offsetting purchase and changes and will eat up most, if not all, profits across all sectors. The Finnish pulp and paper industry would be especially hard hit with added costs of US$700 million to US$1.5 billion.

Advertisment

Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*