Cement producers in Ireland are likely to benefit from an over allocation of carbon credits under the National Allocation Plan, according to Euroconstruct. The downturn means that the industry is likely to have an over allocation amounting to 13.5million tonnes of carbon dioxide. Euroconstruct has predicted that the market will decline by 64% between 2007 and 2012 but credits were awarded on the basis of a 30% increase in demand during the same period. Sale of the excess credits is estimated to be worth aro
Cement producers in Ireland are likely to benefit from an over allocation of carbon credits under the National Allocation Plan, according to
Euroconstruct has predicted that the market will decline by 64% between 2007 and 2012 but credits were awarded on the basis of a 30% increase in demand during the same period. Sale of the excess credits is estimated to be worth around €226million to the industry.
