Cement News tagged under: Cement Border Adjustment Mechanism

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European cement industry seeks level playing field for carbon reduction costs

22 October 2021, Published under Cement News

CEMBUREAU, the European cement association, has recently released two white papers on its position to the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading Scheme (EU ETS) revision. The draft regulation on CBAM, argues CEMBUREAU, is an opportunity to reduce CO2 emissions globally while equalising costs between EU and non-EU cement suppliers. Meanwhile, the EU ETS also needs to be realigned with Europe's increased climate ambition for decarbonisation. As the transition...