EPA to announce details of carbon emissions

The Environmental Protection Agency (EPA) is to announce its second draft allocation plan for the amount of carbon dioxide that can be generated by Irish companies.

Under the Kyoto protocol there is a limit on the amount of carbon dioxide which will be generated by the top 100 Irish Industries.
Industries in Ireland will be allowed emit 115 million tonnes of carbon dioxide between 2008 and 2012 before facing fines. This is dependent on the production of carbon dioxide which is the main cause of climate change over the last few years. A small percentage of the emissions is to be kept for new companies.

The Environmental Protection Agency (EPA) will offer special treatment for efficient combined heat and power plants.
The EPA wants to recognise the role of renewal energy in the electricity market. The company has spent E300 million to make its Moneypoint firm more environmentally friendly. The additional costs incurred by it and the other generators are likely to be passed on to the consumer.