Thursday, October 8, 2009

Tesco, Hilton Given One-Year Delay for Buying Emission Permits

Oct. 7 (Bloomberg) -- The U.K. delayed by a year its plan to make companies such as Tesco Plc, the country’s biggest supermarket chain, and hotelier Hilton Hotels Corp. buy permits for their carbon-dioxide emissions.
The government will require them to buy permits at 12 pounds ($19) each to discharge a ton of gas starting in April 2011, 12 months later than planned, and they must begin measuring CO2 emissions next year, the Department for Energy and Climate Change said today in an e-mailed statement.

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