Head of German industry group calls for scrapping Kyoto treaty

Bonn (Platts)--17Aug2005

The head of the German Federation of Industry has called for scrapping the
Kyoto Protocol. Carsten Kreklau, executive director of BDI, said in an
internal paper that the the protocol cannot achieve its goals on climate
change. He said the US administration's approach, which is aimed at developing
technology and including China and India in greenhouse gas reductions, is a
better approach. 

This approach also will provide business for German firms to develop
emissions-reduction technology and create German jobs, he said. He said the
current Kyoto mechanisms cannot achieve their goals, with most participants
already unable to adhere to their limits. 

BDI is the leading German industry lobby group and is influential in
government policy-making circles on energy and environment. Kreklau's
statement is the first time a German business leader has broken ranks and
questioned implementation of the Kyoto Protocol, which enjoys widespread
support among all German political parties.

For more information, take a trial to Platts Nucleonics Week at
http://nucweek.platts.com.

Please visit: www.platts.com

Their coverage of energy matters is extensive!!.