Industry to pay for right to pollute under EU plans
European industry will have to pay for the right to emit greenhouse gases with the power sector taking the lead in 2013 under European Commission plans unveiled on Wednesday.
"The power sector -- forming the majority of EU emissions -- will face full auctioning from the start of the new regime in 2013," the Commission said in a statement.
"Other industrial sectors, as well as aviation, will step up to full auctioning gradually," it added.
However, an exception would be made for sectors facing particularly fierce competition from countries that do not have similar pollution restrictions.
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