Cement News tagged under: EU ETS
EU – Cement not eligible for state aid compensation for high power costs25 June 2012, Published under Cement NewsBased on the results of qualitative and quantitative assessment, the European Commission has decreed that the EU’s cement industry is not eligible for national support for industrial electricity costs under the EU Emissions Trading Scheme (ETS). “The European Commission has adopted a framework under which Member states may compensate some electro-intensive users, such as steel and aluminium producers, for part of the higher electricity costs expected to result from a change to the EU Emis... |
First EU ETS report expected in June as carbon prices fall08 May 2012, Published under Cement NewsEU CO2 allowance (EUA) prices could fall below €5/t if the EU cannot agree on the set-aside proposal, according to Deutsche Bank analysts. At the start of the month, prices fell to €6.14, with Members of the European Parliament calling for the EU to intervene and reduce the supply of carbon allowances. In addition, EU Energy Commissioner Gunther Oettinger announced that the European Commission needs to prepare a proposal to encourage investment and drive EUA prices up. On 19 April, t... |