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DUBLIN, Ireland, Dec 09, 2008 (BUSINESS WIRE) — Research and Markets ( ) has announced the addition of the “EU Low Carbon Society Challenge and Environmental Business Market” report to their offering.
This report clarifies the present and future CO2 reduction efforts of the European Union. With the aim of realizing a low carbon society on a global scale, the EU’s programs are advanced and superior, serving to create an environment business market and a business opportunity.
Introduction: It is said that the 21st century is an environmental century, and industry has already entered the development stage for environmental business. Compared with other advanced countries, the EU in particular is committed to the idea that “anti-warming measures are a business chance.” For example, during the period from 2006-2010, employment will increase by 49% in the solar energy sector in Germany, and a 74% increase is expected in the geothermal energy sector. The U.K., too, has expressed its commitment to increasing the reduction target of its greenhouse gas emissions.
The U.S.A. pledges comprehensive alternative energy development that President-elect Barack Obama has indicated will include CO2 reductions and an anticipated annual expenditure of 150 billion dollars over the next 10 years. Democratic Party members of the lower House of Representatives have already announced ambitious “greenhouse gas reduction legislation.” In addition, CO2 trading has begun, with ten states in the U.S. Northeast, including New York, taking steps to strengthen warming measures ahead of the federal government.
In Japan, a drastic plan from the Ministry of Economy, Trade and Industry will lead to further energy savings and reduction of CO2, since the Industrial Revitalization Law has added a tax incentive plan. Furthermore, details of the CO2 trading scheme are being decided and recruitment of companies to participate in the trading has begun.
Among the advanced countries, where each country activates its own green policy, a challenge is emerging and the EU is ahead in establishing superior measures for a low carbon society. Activation and reinforcement of the environmental business in EU is a strategy aimed at global economic benefit.
This report will describe the following:
The action of each country in the EU for CO2 discharge reduction The present conditions and the future of renewable energy Reduction targets and treatment measures at the national level The reduction activities of major companies, according to industry A prediction about the business opportunity in the environmental business market
Key Topics Covered:
Executive Summary Overview of EU Emission of CO2 EU Government Action for Goal of Reduction CO2: Current and New Regulations European Union Emission Trading System (EU ETS) Renewable Energies Major Country Profiles: national Targets and Incentives EU Companies Activities for CO2 Reductions (Case studies) Outlook 2008 to 2020: Market & Business Opportunities
Companies Mentioned:
Electrabel ENEL Nv NUON EDF Vattenfall E.ON RWE Iberdrola Repsol YPF BP Royal Dutch Shell Total SA Xstrata Anglo American ArcelorMittal ThyssenKrupp International Paper SCA Rhodia BASF Dupont St Gobain Pilkington Holcim LaFarge PSA Peugeot Citroen SA Daimler Renault Fiat Group
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SOURCE: Research and Markets
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