EU transport emissions compliance catch-up

Discusses whether businesses in the transport sector, which are not yet subject to the EC emissions trading scheme, will be treated fairly when the scheme is extended to include them. Reports on the decision to extend the scheme to carbon dioxide emissions from air flights, and proposals to address the shipping industry and transport by road and rail. Considers how the price of carbon emissions will be set, and whether energy-intensive businesses which have been in the scheme for years benefit from advantages in allocation. Looks at the prospects of a UN Treaty to combat climate change in 2009