EU Climate Change Committee includes cement on carbon leakage list

The cement sector has been included on the EU Climate Change Committee's approved list of sectors deemed to be at risk of carbon leakage, a move welcomed by European cement association, Cembureau.

"The measure will provide stability and legal certainty at least for the 2014-2019 period for the cement industry," said Cembureau in a statement. The list will be used in the free allocation of allowances for the 2015-19 period and will thus provide regulatory predictability for the remainder of this decade.

The proposal will now be subject to a three-month scrutiny by the European Parliament and Council before the Commission can finally formally adopt it in October 2014.