Cement News tagged under: ETS

RSS feed

Cembureau respond to BAM aimed at cement sector

14 December 2016, Published under Cement News

CEMBUREAU states that "the cement sector is deeply worried about the amendments to be submitted for vote tomorrow (15 December) in the European Parliament's Environment Committee, which foresee in an introduction of a Border Adjustment Measure (BAMii) with the loss of free allowances for the cement sector in Phase IV of EU ETSii, starting in 2020.

" While the final amendment no longer explicitly refers to the cement sector, it singles out sectors not having trade intensity above 10 per cen...

Cembureau voices concern over EU GHG targets

21 October 2014, Published under Cement News

On 23-24 October the European Council will decide on the 2030 climate and energy framework, including targets for GHG emissions reduction, renewables and energy efficiency. The targets are expected to impose a 43 per cent cut for ETS sectors, placing a significant additional burden on these sectors when compared with non-ETS sectors, which have a 30 per cent reduction target, according to Cembureau, the European cement association. The association further says that the targets “do not...

European Commission publishes NIM decision

03 October 2013, Published under Cement News

The European Commission published its decision relating to the National Implementation Measures (NIM) under the EU Emission Trading Directive (EU-ETD) on 5 September. It highlights that a stringent cross-sectoral reduction factor has been applied to the free allocations to be allocated to industry recognised as vulnerable to carbon leakage. Responding to the decision, the European cement association Cembureau said it “deplores the lack of transparency in the Decision regarding the numbers...

European Commission to publish ETS review report

25 June 2012, Published under Cement News

EU Climate Change Commissioner Connie Hedegaard recently announced that the review of the EU Emissions Trading Scheme (ETS) will be published before the summer break in 2012 rather than 2013. The review will take the shape of a report by the European Commission, which will propose to delay the auctioning of hundreds of millions of third phase emission allowances (EUAs) in September. The delay will be expected to serve as support for the carbon price in the bloc. In addition, the report wi...

IETA urges reform of EU ETS caps to restore confidence

30 March 2012, Published under Cement News

The International Emissions Trading Association (IETA) has called for a reform of the EU Emissions Trading Scheme (ETS) to change the cap trajectory as well as to review the cap setting process. In a press release, the organisation confirmed its support for the EU ETS but said that fragmented EU and national policies are undermining its price signal. Moreover, according to IETA: “The current extraordinary economic situation is amplifying this effect. This has led to the false impression o...