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17 May
17:32

Eurofer voices concern over ETS phaseout acceleration vote

The European Parliament’s environment committee voted on Tuesday in favour of further accelerating Emissions Trading System (ETS) free allocations. European steelmakers association Eurofer voiced its concerns over the vote. The proposal is now set to be voted on by the European Parliament in June where further changes could be applied. The committee voted to end carbon ETS free allocations by 2030, and substitute them with the Carbon Border Adjustment Mechan…
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