Sector Regulation Sector Regulation

EU's free emission permits can't coexist with carbon border levy, climate official says

By Giulia Bedini
  • 17 Mar 2021 11:43
  • 17 Mar 2021 11:43
EU heavy industries such as steel and cement makers will likely see their free allowances for the bloc’s carbon market cancelled when a new border levy on polluting imports is established, a European Commission official said.

According to EU rules, industrial sectors particularly exposed to international trade can get a certain amount of

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