Netherlands corporate giant DSM to reduce greenhouse gas emissions worldwide
Moves by DSM, a Dutch world wide Nutrition, Pharma, Performance Materials and Industrial Chemicals company to reduce pollution emissions at its plants is a sign of the times for food companies, as tougher environmental laws come into force in the EU and US. In recent months the EU's food and drink association (CIAA) has been lobbying the European Commission to exempt small and medium sized businesses in the sector from the Emissions Trading Scheme (ETS).
The EU's Emissions Trading Scheme (ETS). is part of the bloc's plan to reduce greenhouse gas emissions to meet international commitments under the Kyoto Protocol. The "cap-and-trade" scheme, which took effect from January 2005, allows companies to buy and sell carbon dioxide (CO2) emissions rights on specially constructed Internet sites.
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