Under the Kyoto protocol countries and companies are
obliged to reduce their CO2 emission. Gazora shows you the
impact on your business, develops your emission strategy and
helps you buy or sell emission rights.
From 2005 on, companies will end up paying penalties of Euro 40 per tonne for emission beyond limits allocated to individual
firms, the penalty rising to Euro 100 per tonne in
2008/10*. Companies that do not prepare run multi - million
euro risks. Businesses in emission intensive sectors can see their value drop by up to 40% if they fail to take positive action to address the
issue.
Over 4000 European companies will be affected. find out more>>
News:
> EU Greenhouse gas emissions rise for second year running
> Commissioner Wallström calls for more stringent measures and policies to cut EU greenhouse gas emissions