Expansion Management

We Aren't In This Alone

Jan. 23, 2010

With sales over 5 trillion pounds per year and a workforce of 23 million people, the The Alliance for a Competitive European Industry (ACEI), is making it clear that it is against increasing the EU climate change objective beyond -20% until other countries also pledge to do the same.

"After the Copenhagen failure, the EU would be foolish to again unilaterally increase its GHG objective," says EUROFER's director general, Gordon Moffat. EUROFER is the European Confederation of Iron and Steel Industries whose revenues total about 200 billion euros. They directly employs 420,000 people and produce about 200 million tons of steel per year, Moffat said on Jan. 21

"Before Copenhagen, the Union affirmatively stated that it would only move to -30% if binding measures would be taken by other countries, comparable to the EU's -20%. Clearly no other country has followed Europe. It cannot therefore credibly justify a move to -30%."

Moffat sees dire results in the steel industry if the policy is changed. "Steel already has to reduce its emissions in 2020 compared to 1990 by over 40% due to the ETS. Another 10% would be fatal."

About the Author

Adrienne Selko Blog | Senior Editor

Focus: Expansion Management & the Biotech & Life Sciences Industries

Email: [email protected]

Follow Adrienne on Twitter: @ASelkoIW

Call: 216-931-9235

Senior Editor Adrienne Selko manages IndustryWeek’s Expansion Management, delivering ideas and information about how successful manufacturers leverage location to gain competitive advantage. She explores the strategies behind why companies located their headquarters, research institutes, factories, warehouse and distribution centers and other facilities where they did, and how they benefit from the decision.

Adrienne is also the editorial coordinator of the IndustryWeek Expansion Management Roundtable events, which unites economic development professionals to network and discuss the latest trends in site location.

As well, Adrienne tells the stories of successful companies in the biotechnology and life sciences industries.

In the past, Adrienne has managed IndustryWeek’s award-winning website, overseeing eNewletters, webinars, and contributed content. Before joining the staff, Adrienne was managing editor of corporate publications at a large regional financial institution. She also ran a public relations and marketing company that published a best-selling healthcare book.

Adrienne received a bachelor’s of business administration from the University of Michigan and is especially interested in wellness and natural health.