Cement News tagged under: CBAM
ETS review and CBAM indecision weigh heavily on Golden Bay Cement05 August 2022, Published under Cement NewsAs governments set out plans for decarbonisation, New Zealand could follow the stern example set by Sweden that included witholding a quarry permit from a well established cement producer. New Zealand is similarly poised to take an aggressive stance to slashing carbon emissions to reach net zero by 2050. The cement industry could be put on its back foot as pressure mounts for it to decarbonise quicker, or look towards cement imports or cement alternatives. New Zealand's Climate Change draft... |
CEMBUREAU asks for speedy CBAM implementation23 June 2022, Published under Cement NewsThe European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – suc... |
EC agrees on the Carbon Border Adjustment Mechanism (CBAM)17 March 2022, Published under Cement NewsThe European Council (EC) has reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon leakage. It will also encourage partner countries to establish carbon pricing policies to fight climate change. For that purpose, CBAM targets imports of carbon-intensive products, in full compliance with inter... |