Cement News tagged under: EU

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CEMBUREAU: EU-ETS proposal needs to incentivise best performers

07 September 2015, Published under Cement News

The European Commission (EC) recently published the long-awaited post-2020 EU Emissions Trading Scheme (EU-ETS) proposal. Although the EC acknowledges the importance of continued carbon leakage protection, it maintains the cross-sectoral correction factor, to the disappointment of CEMBUREAU, the European cement association. “Even if the Commission claims its application will be minimised, the allocation to the best performer would be drastically reduced through the combined application wi...

EU Climate Change Committee includes cement on carbon leakage list

08 September 2014, Published under Cement News

The cement sector has been included on the EU Climate Change Committee's approved list of sectors deemed to be at risk of carbon leakage, a move welcomed by European cement association, Cembureau. "The measure will provide stability and legal certainty at least for the 2014-2019 period for the cement industry," said Cembureau in a statement. The list will be used in the free allocation of allowances for the 2015-19 period and will thus provide regulatory predictability for the remainder o...

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 Council authorises EU & Australia ETS link

19 June 2013, Published under Cement News

On 13 May 2013, the European Council adopted a decision authorising the European Commission to open negotiations regarding the linking of the EU Emissions Trading Scheme (EU ETS) with an emissions trading scheme in Australia. The step is a precursor to the linking up of the two ETSs by 1 July 2018 and follows the agreement reached between the Commission and Australia in August 2012 to establish a full two-way link between the EU ETS and the Australian ETS. Under the programme, businesses ...

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...