EU, Competition & Trade Alert - Commission review of abuse of dominance

    30 December 2008

    Emission Trading Scheme: the European Commission considers aid to energy-intensive industries

    Under the auspices of the French Presidency, the EU institutions are considering the possibility of allowing State aid to help energy-intensive industries (such as chemical and aluminium producers) cope with increased electricity costs due to the EU Emission Trading Scheme (ETS). Although incentives for energy savings and energy efficiency must remain in place in order to achieve the EU’s long-term environmental objectives, if the measures under discussion are finally adopted, Member States will be allowed to grant State aid to a number of industry sectors provided certain conditions are fulfilled.

    In May 2008, international law firm Hammonds became a limited liability partnership.  Hammonds LLP and its affiliated undertakings has offices in Birmingham, Leeds, London and Manchester in the UK, and in Berlin, Brussels, Beijing, Hong Kong, Madrid, Munich and Paris.