How green champion Sweden could end up exporting its carbon sins [Financial Post (Toronto, Ontario, Canada)]
HEIDELBERGCEMENT UNSP/ADR (HDELY)
NASDAQ:AMEX Investor Relations:
heidelbergcement.com/en/investor-relations
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Source: Financial Post
Besides protecting wildlife and water supplies, the ruling could force the plant that makes 75% of Sweden's cement and is the country's second biggest carbon emitter to slash output while it finds raw materials elsewhere, or even shut altogether. 16 best online deals in the Canadian retail space right now Advertisement That might be good for Sweden's emissions targets, but not such good news for the rest of the planet. Advertisement Article content A government-commissioned report seen by Reuters said it could force Sweden to import cement from countries that pump out more emissions in the overall manufacturing process – or risk massive job losses in the construction industry at home. “Imports from countries outside the EU would probably lead to larger environmental impacts as a result of lower standards related to CO2 emissions and lower standards in land use,” the report, obtained via a freedom of information request, said. Sweden's dilemma encapsulates one the chal
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