---
Sent From Bloomberg Mobile MSG
+------------------------------------------------------------------------------+
Carbon Rules to Burden German Steel Companies, Handelsblatt Says
2010-12-18 11:58:53.69 GMT
By Karin Matussek
Dec. 18 (Bloomberg) -- European Union rules for carbon
permits after 2012 will burden German steel companies with
almost 200 million euros ($264 million) a year, Handelsblatt
reported, citing unidentified people in government.
The new rules, agreed this week, will tax the steel,
chemical, cement, paper, glass and aluminum industries, the
newspaper said. ThyssenKrupp AG Chief Executive Ekkehard Schulz
in a letter to the office of German Chancellor Angela Merkel
"complained" that the government agreed to the rules,
according to Handelsblatt.
For Related News and Information:
Emission market news: NI ENVMARKET <GO>
Today's top energy stories: ETOP <GO>
European power-markets home page: EPWR <GO>
--Editor: Matthias Wabl
To contact the reporter on this story:
Karin Matussek in Berlin at +49-30-70010-6218 or
kmatussek@bloomberg.net
To contact the editor responsible for this story:
Anthony Aarons at +44-20-7673-2227 or
aaarons@Bloomberg.net.
