Sweden trading sector

Figure 6.1. The national greenhouse gas emission budget of Sweden. NTS, non-trading sector TS, trading sector.

If we compare the first column with the fourth, we can see that Sweden can increase its current emissions (69.3 Mt) by 5.0 Mt (equivalent of 7% increase) before Sweden reaches its Kyoto commitment of 74.3 Mt. The second column shows that the sum of allocated allowances to the trading sector and projected emissions in the nontrading sector adds up to 70.6 Mt. Even if this includes an allocation to the trading sector which is 2.7 Mt higher than the emissions for 1998-2001, the sum is still well below (3.7 Mt or 4%) Sweden s Kyoto commitment (Zetterberg et al. 2004). 

In total, the allocation to the trading sector is 13% above current emissions. However, Sweden can still increase emissions in the nontrading sector before reaching its Kyoto ceiling. 

A qualitative comparison of the activity of the chemical industry of each country is given in Table 4.1, which broadly compares turnovers and trade balances. France and Germany primarily produce basic organic chemicals whereas UK manufacturing is based on higher value specialty and fine chemicals. Sweden s industrial activities are spread across the three sub-sectors. 

---