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Old 03-26-2004, 05:47   #1 (permalink)
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EU:Ford to clear European emission rules

Global Auto Report

Detroit News staff, wire and Bloomberg News reports

COLOGNE, Germany — Ford Motor Co. probably won’t need to buy rights to release greenhouse gases in Europe because the company can save energy to counter a shortfall in emissions allowances. The European Union’s emissions-trading system, due to start in 2005, will require manufacturing and energy companies that exceed allocated rights to buy extra allowances or cut releases. Ford expects allowances for its 17 affected European plants to cover all but a few thousand metric tons of carbon-dioxide emissions in the “worst-case” scenario, said Andreas Reiss, environmental manager at Ford Europe. Ford plants in the U.K., Belgium, Sweden and Germany will be part of the EU emissions system because they include combustion installations with a capacity exceeding 20 megawatts.
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