EU Ministers Strike Deal On Industrial Plant Emissions

Law360, New York (June 25, 2009, 12:00 AM EDT) -- European environment ministers reached an agreement Thursday that brings the European Union one step closer to reducing sulfur dioxide, nitrogen oxide and other emissions from large and midsize combustion plants.

The agreement, which now goes to the European Parliament for a second reading, is expected to reduce yearly health expenditures by €7 billion ($9.8 billion) to €28 billion ($39 billion) and prevent 13,000 premature deaths a year, according to the European Commission, which first proposed the new pollution limits in 2007.

“Industrial emissions in the EU...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.