co 2 emissions trading how will it affect uk industry report prepared for the carbon trust july 2004 about oxera is an independent economic consultancy one of longest established in europe with international reputation integrity intellectual rigour and work highest quality since its inception 1982 company has been offering advice using a combination extensive knowledge unsurpassed expertise industrial quantitative economics corporate finance placing at forefront developments strategy government policy competition regulation more information on visit www com contact robin smale managing consultant tel 44 0 1865 253 031 fax 251 172 robin_smale karen lewis head business development 010 karen_lewis consulting ltd registered england no 2589629 office blue boar court alfred street oxford ox1 4eh although every effort made to ensure accuracy material analysis presented herein accepts liability any actions taken basis