Cement News tagged under: Emissions Trading Scheme

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UK cement and lime producers excluded from compensation scheme

06 May 2022, Published under Cement News

The Mineral Products Association (MPA) has expressed disappointment that UK cement and lime producers have been excluded from the government’s compensation scheme for climate change costs. Under the scheme, some energy-intensive industries can apply for compensation from the indirect costs of the UK Emissions Trading Scheme (UK ETS) and Carbon Price Support (CPS) if they meet the criteria. According to the MPA, by excluding cement and lime, “the government has missed an opportunity to suppor...

EU urged to end carbon credits system

30 November 2016, Published under Cement News

Carbon Market Watch is urging EU lawmakers to abolish the carbon emissions trading scheme (ETS) after it was revealed that cement producers took EUR5bn windfall from scheme between 2008 and 2015. The watchdog used analysis by consultancy CE Delft and delved into the leading cement producers annual reports to find out the financial benefit of the ETS to cement producers. Companies like Lafarge, HeidelbergCement and Cemex profited from selling carbon allowances they received for fr...