Denmark: Cement tax a new threat to the environment
Article Abstract:
Henriette Kjaer, the Danish Conservative Party's environmental chairman, is critical of the cement tax proposed by the government. She says the proposal could have the opposite effect i.e. that it places a further burden on the environment in the form of fly ash. Fly ash, which is a waste product from power stations, is rendered harmless by binding it in the cement and asphalt production. A reduction in cement production in Denmark due to the proposed cement tax would mean that the power stations will have to get rid of fly ash by other means, which could pose a threat to the environment. The Social Democratic Party rejects these fear. Martin Glerup of the Social Democratic Party's Environment and Planning Committee says he does not expect the cement tax to result in any major drop in cement production. He is more concerned about the fact that Aalborg Portland accounts for 5% of the combined CO2 emissions in Denmark.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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DENMARK: CRITICISM OF THE GOVT'S CEMENT FEE
Article Abstract:
Industrial conglomerate FLS Industries, that owns cement producer Aalborg Portland, levels harsh criticism of the government's new cement fee, which according to FLS thwarts competition and could cost jobs in Denmark. The cost of the new cement fee will be DKr69mn (US$8mn) a year for Aalborg Portland. Gunnar Jensen, head of the cement workers union in Aalborg (SiD), says Aalborg Portland has made investments in new technology in waste recycling equipment among other things, which is why it is unfair that the fee should affect the company in such a one-sided manner. Aalborg Portland's CEO Soren Vinther agrees with Jensen and adds that the fee is unfair as it affects only one construction material whereas steel will not be affected at all. FLS Industries accuses the government of pursuing a "hostile industrial policy".
Publication Name: Boersen
Subject: Business, international
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Year: 2001
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DENMARK: CEMENT INDUSTRY TO BE AFFECTED BY NEW TAXES
Article Abstract:
The Danish government aims to introduce a new cement tax, which would generate DKr50mn (US$5.8mn) to the public treasury. Aalborg Portland, the biggest cement producer in Denmark, says this does not encourage it to make further investments in Denmark. The government's final proposal for the budget will be presented on 28 August.
Publication Name: Boersen
Subject: Business, international
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Year: 2001
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