Cement News tagged under: ETS
China's coal reliance remains a threat to decarbonisation targets14 June 2024, Published under Cement NewsThe rate at which China reduces its CO2 emissions will have a huge impact on whether the world achieves Net Zero before the worst effects of climate change. This week's announcement that CO2 reduction targets from the cement sector will be cut in China by around 13Mt, in the next year, is a definite signal to the world that China is beginning its shift to a low-carbon economy. Reaching peak carbon output before 2030 will keep the country with the largest cement production on course for carbo... |
Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS10 October 2023, Published under Cement NewsCemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries. Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clinker capacity and is ranked as the fifth-largest industry worldwide. Mr Bozay acknowledged the earthq... |
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 respond to BAM aimed at cement sector14 December 2016, Published under Cement NewsCEMBUREAU states that "the cement sector is deeply worried about the amendments to be submitted for vote tomorrow (15 December) in the European Parliament's Environment Committee, which foresee in an introduction of a Border Adjustment Measure (BAMii) with the loss of free allowances for the cement sector in Phase IV of EU ETSii, starting in 2020. " While the final amendment no longer explicitly refers to the cement sector, it singles out sectors not having trade intensity above 10 per cen... |
Cembureau voices concern over EU GHG targets21 October 2014, Published under Cement NewsOn 23-24 October the European Council will decide on the 2030 climate and energy framework, including targets for GHG emissions reduction, renewables and energy efficiency. The targets are expected to impose a 43 per cent cut for ETS sectors, placing a significant additional burden on these sectors when compared with non-ETS sectors, which have a 30 per cent reduction target, according to Cembureau, the European cement association. The association further says that the targets “do not... |
European Commission publishes NIM decision03 October 2013, Published under Cement NewsThe European Commission published its decision relating to the National Implementation Measures (NIM) under the EU Emission Trading Directive (EU-ETD) on 5 September. It highlights that a stringent cross-sectoral reduction factor has been applied to the free allocations to be allocated to industry recognised as vulnerable to carbon leakage. Responding to the decision, the European cement association Cembureau said it “deplores the lack of transparency in the Decision regarding the numbers... |
European Commission to publish ETS review report25 June 2012, Published under Cement NewsEU Climate Change Commissioner Connie Hedegaard recently announced that the review of the EU Emissions Trading Scheme (ETS) will be published before the summer break in 2012 rather than 2013. The review will take the shape of a report by the European Commission, which will propose to delay the auctioning of hundreds of millions of third phase emission allowances (EUAs) in September. The delay will be expected to serve as support for the carbon price in the bloc. In addition, the report wi... |
IETA urges reform of EU ETS caps to restore confidence30 March 2012, Published under Cement NewsThe International Emissions Trading Association (IETA) has called for a reform of the EU Emissions Trading Scheme (ETS) to change the cap trajectory as well as to review the cap setting process. In a press release, the organisation confirmed its support for the EU ETS but said that fragmented EU and national policies are undermining its price signal. Moreover, according to IETA: “The current extraordinary economic situation is amplifying this effect. This has led to the false impression o... |
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