The European Commission wants to build a "low-carbon society"
and by 2050 hopes cut domestic emissions by up to 95 percent. To
achieve this admirable but obviously difficult goal, the EC has
issued marching orders to all segments of the society --
individuals, businesses, local governments, and other
organizations -- to implement policies that restrict the use of
high-carbon items and encourage the adoption of low-carbon
emission products. If you manufacture or sell products to the EU
region, your company will be affected by this new policy, which
offers both profitable sales opportunities as well as enormous
compliance challenges. The EU's "transition to a low-carbon
society" could boost sales for manufacturers of electric and
hybrid vehicles but crimp revenue for companies involved in oil
exploration, production, and distribution. The EU's policy is
spelled out in "Roadmap for moving to a competitive low carbon
economy in 2050," which "shows how the sectors responsible for
Europe's emissions -- power genera