WATCHING THE WORLD PUTTING A PRICE ON SULFUR CURBS
With David Knott from London The oil industry accounts for about 47% of sulfur dioxide emissions in Europe. If no reductions were achieved beyond present plans, industry's share would increase to more than 70%. Those figures, produced by the European Commission, reflect considerable pressure on the oil industry to reduce emissions. A 7 month study by Arthur D. Little Ltd., London, has revealed that $20 billion must be spent by refiners in EC members during the next decade.