STEEL INDUSTRY CONCERN OVER EU EMISSIONS DEAL
October 1st, 2014
European Union (EU) prime-ministers and presidents meeting last night in Brussels agreed a new emissions policy and tried to reassure high energy European industries that the free allocation of emission certificates will not expire after 2020.The EU’s European Council, its leading policy-making body, agreed that “existing measures will continue after 2020 to prevent the risk of carbon leakage due to climate policy, as long as no comparable efforts are undertaken in other major economies, with the objective of providing appropriate levels of support for ...
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