Cembureau welcomes European Parliament's approach to EU-ETS policymaking

Cembureau has reponded to this week's vote in Strasbourg by the European Parliament, welcoming its decision not to deliberately discriminate between sectors and to apply a fact-based approach to policymaking on the EU-ETS post-2020 bill.

Cembureau said the proposals adopted by MEPs go some way to developing an EU-ETS, which combines the goals of making Europe’s industry more CO₂ efficient, while maintaining its competitiveness. Cembureau welcomes, in particular:
• The inclusion of dynamic allocation. The cement industry has always been in favour of a system whereby free allowances are allocated on the basis of actual production. This will resolve the current issue of overallocation.
• A benchmark which is based on real data with a minimum reduction of 0.25 per cent.
• The inclusion of a five per cent flexible reserve in relation to the allowances available for free and those designated for auctioning.
• The impetus given to funding for carbon capture and use. As a sector involved in research in this field, this proposal is very much welcomed.