Cement News tagged under: EU ETS

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CEMBUREAU discusses Europe's future for cement

13 October 2021, Published under Cement News

C EMBUREAU held its 'Cementing Europe's future: Action through policy' webinar on 12 October 2021 . Two panel discussions looked at whether the cement industry was Fit for 55 per cent carbon reduction by 2030 and the carbon-neutral built environment and the role of concrete with in it.  Isidoro Miranda, CEO of Holcim Spain and C EMBUREAU president, opened the meeting stating that the "cement sector was on the move!" He announced that the Green Deal was a starting point race towards 205...

Cembureau to engage on Fit for 55 legislative package

16 July 2021, Published under Cement News

C EMBUREAU , the association of the European cement industry, is ready to engage on the Fit for 55 legislative package published by the European Commission on 14 July. "Delivering deep emission cuts by 2030 is a major challenge. It requires a coherent package that boosts the take-up of low-carbon technologies while addressing the risk of carbon leakage, at a time when the EU is increasing its climate ambition," said Koen Coppenholle, C EMBUREAU  Chief Executive. C EMBUREAU will engage...

CEMBUREAU states concern for CBAM Fit for 55 package

24 June 2021, Published under Cement News

The European cement industry fully supports the objectives of the European Green Deal, says the industry association, C EMBUREAU . In its Carbon Neutrality Roadmap, the cement sector commits to CO 2 emissions reduction targets by 2030 and works towards achieving carbon neutrality by 2050. To achieve these objectives, establishing viable business cases that secure continued growth and employment in Europe is essential. Having the first carbon-neutral cement plant in the European Union withi...

Introducing the carbon border

14 April 2020, Published under Cement News

As governments have put in place and tightened measures to reduce the emission of carbon and other greenhouse gases, the cement industry has expressed concerns over carbon leakage. To prevent this phenomenon from eroding cement industry competitiveness in the affected areas, a case to introduce border carbon adjustments is being made by several countries. By Stephen J Orava and Clinton R Long, King & Spalding LLP, USA. Border carbon adjustments have emerged as a possible solution to t...

Spanish importers voice concerns over EU carbon border tax plans

07 April 2020, Published under Cement News

A Spanish importer of clinker has submitted feedback to the European Commission regarding the carbon border adjustment mechanism (CBAM), stating that, if implemented, the EU must ensure that importers are not paying more for carbon in comparison to local manufacturers. "If the CBAM is to be introduced alongside the EU ETS then it must be adjusted so the total price of carbon per tonne is not any higher than the local producer (competitor) is paying averaged over his total production includ...

Designing the carbon border mechanism

03 April 2020, Published under Cement News

This week, Cembureau released its position paper on the EU carbon border mechanism (CBM), largely welcoming the prospect. Since one of the main risks with the EU ETS carbon market is that of carbon leakage, where companies transfer the production of certain products to countries outside of the EU, the CBM would be designed to counteract this by placing a carbon price on imports of those goods from outside Europe. The completion of a feedback period on the roadmap of the CBM was reached on ...

Cement prices may rise steeply with decarbonisation

29 January 2020, Published under Cement News

Redburn Research House has downgraded HeidelbergCement and LafargeHolcim having assessed that cement producers will be faced with escalating production costs when having to decarbonise in the middle of the decade. The European Union’s Emissions Trading Scheme (ETS) is predicted by Redburn to initially benefit European cement manufacturers by encouraging production discipline and industry consolidation in the region. As ETS becomes stricter and a border tax on carbon is introduced for produc...

Swiss cement industry joins EU ETS

28 January 2020, Published under Cement News

From 1 January 2020 Swiss cement companies are participating in the EU Emissions Trading Scheme (EU ETS). Based on the polluter-pays principle, the scheme will allow the sector to be exempt from carbon levies collected in Switzerland. Moreover, Swiss ETS participants will also be allowed to trade emission allowances in the larger EU market as the two systems have been linked since the start of the year. Cemsuisse, the Swiss cement association, believes the system is an effective tool as i...

Creating a new vision

24 September 2019, Published under Cement News

Raoul de Parisot, president of CEMBUREAU, talks to ICR about his expectations for the future of the European cement industry, including risks posed by the EU Emissions Trading System, and sets out the sector’s vision for achieving carbon neutrality by 2050. Raoul de Parisot, president of cembureau: “One of the most important aspects of my new position is to establish a level playing field for our industry to maintain its capacity to innovate and invest in Europe, to create jobs ...

EU agrees revised ETS for 2021-30

14 November 2017, Published under Cement News

Coinciding with the UN Climate Summit COP23 in Bonn later this month, EU negotiators have agreed a revised Emissions Trading System (EU ETS) for the 2021-30 trading period. Following a two-year intensive negotiation process, the agreement builds on the Commission’s approval and includes the following main improvements agreed by Parliament and Council. Significant changes to the system will be made to speed up emissions reductions and strengthen the Market Stability Reserve to accelerate t...