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Friday, 8. August 2008

Amendment to the European Directive on Emissions Trading: Impact on the German Cement Industry

The report summarizes the results of analyses conducted by McKinsey & Company, Inc., on behalf of the German Cement Works Association (Verein Deutscher Zementwerke e.V. or VDZ) and the Federal Association of the German Cement Industry (Bundesverband der Deutschen Zementindustrie e.V. or BDZ) to determine the impact of changes to the EU Directive on Emissions Trading on the costs of CO2 emissions and consequently on the international competitiveness of the German cement industry.

Keywords: Clinker production, Emission Trading, CO2, EU-ETS, Carbon Leakage