Cement News tagged under: EU ETS
Introducing the carbon border14 April 2020, Published under Cement NewsAs governments have put in place and tightened measures to reduce the emission of carbon and other greenhouse gases, the cement industry has expressed concerns over carbon leakage. To prevent this phenomenon from eroding cement industry competitiveness in the affected areas, a case to introduce border carbon adjustments is being made by several countries. By Stephen J Orava and Clinton R Long, King & Spalding LLP, USA. Border carbon adjustments have emerged as a possible solution to t... |
Spanish importers voice concerns over EU carbon border tax plans07 April 2020, Published under Cement NewsA Spanish importer of clinker has submitted feedback to the European Commission regarding the carbon border adjustment mechanism (CBAM), stating that, if implemented, the EU must ensure that importers are not paying more for carbon in comparison to local manufacturers. "If the CBAM is to be introduced alongside the EU ETS then it must be adjusted so the total price of carbon per tonne is not any higher than the local producer (competitor) is paying averaged over his total production includ... |
Designing the carbon border mechanism03 April 2020, Published under Cement NewsThis week, Cembureau released its position paper on the EU carbon border mechanism (CBM), largely welcoming the prospect. Since one of the main risks with the EU ETS carbon market is that of carbon leakage, where companies transfer the production of certain products to countries outside of the EU, the CBM would be designed to counteract this by placing a carbon price on imports of those goods from outside Europe. The completion of a feedback period on the roadmap of the CBM was reached on ... |
Cement prices may rise steeply with decarbonisation29 January 2020, Published under Cement NewsRedburn Research House has downgraded HeidelbergCement and LafargeHolcim having assessed that cement producers will be faced with escalating production costs when having to decarbonise in the middle of the decade. The European Union’s Emissions Trading Scheme (ETS) is predicted by Redburn to initially benefit European cement manufacturers by encouraging production discipline and industry consolidation in the region. As ETS becomes stricter and a border tax on carbon is introduced for produc... |
Swiss cement industry joins EU ETS28 January 2020, Published under Cement NewsFrom 1 January 2020 Swiss cement companies are participating in the EU Emissions Trading Scheme (EU ETS). Based on the polluter-pays principle, the scheme will allow the sector to be exempt from carbon levies collected in Switzerland. Moreover, Swiss ETS participants will also be allowed to trade emission allowances in the larger EU market as the two systems have been linked since the start of the year. Cemsuisse, the Swiss cement association, believes the system is an effective tool as i... |
Creating a new vision24 September 2019, Published under Cement NewsRaoul de Parisot, president of CEMBUREAU, talks to ICR about his expectations for the future of the European cement industry, including risks posed by the EU Emissions Trading System, and sets out the sector’s vision for achieving carbon neutrality by 2050. Raoul de Parisot, president of cembureau: “One of the most important aspects of my new position is to establish a level playing field for our industry to maintain its capacity to innovate and invest in Europe, to create jobs ... |
EU agrees revised ETS for 2021-3014 November 2017, Published under Cement NewsCoinciding with the UN Climate Summit COP23 in Bonn later this month, EU negotiators have agreed a revised Emissions Trading System (EU ETS) for the 2021-30 trading period. Following a two-year intensive negotiation process, the agreement builds on the Commission’s approval and includes the following main improvements agreed by Parliament and Council. Significant changes to the system will be made to speed up emissions reductions and strengthen the Market Stability Reserve to accelerate t... |
Polish cement demand to rise 2.5% in 201702 May 2017, Published under Cement NewsCement production in Poland increased by two per cent in 2016, according to the Polish Association of Cement Producers. In 2017 cement demand is expected to grow by 2.5 per cent to 16.1Mt thanks to healthy housing and transport infrastructure construction markets, the association said. However, its future also depends on the EU’s CO2 emissions policies, the association added. With 14 plants, owned by the subsidiaries of eight international cement producers, Poland’s cement sector points ou... |
Cembureau calls for maintaining free EU ETS allowances for best performers02 February 2017, Published under Cement NewsThe European cement industry has made it clear to MEPs in the European Parliament that the EU Emissions Trading Scheme (EU ETS) must maintain free allowances at the level of best performers to achieve real emission reductions, while maintaining a competitive industry in Europe. Cembureau commented that the proposal should ensure that: • All energy-intensive industries are on the carbon leakage list and all installations receive a free allocation based on ambitious but realistic b... |
New EU carbon allowance mechanism proposed15 December 2016, Published under Cement NewsMEPs have proposed that a system should be established for the cement and clinker sectors, among others, whereby importers will be required to surrender allowances to cover for the carbon content of imported goods. The Border Adjustment Measurement (BAM) scheme should be fully compatible with WTO rules and "focus on sectors with a low trade intensity and high emissions intensity such as cement," MEPs said. "Once this mechanism is in place, no free allocation shall be given to sect... |