Cement News tagged under: carbon leakage
Australia embraces low carbon23 October 2023, Published under Cement NewsThe carbon tax has had a profound effect on Australia’s cement industry, which has expanded its clinker grinding facilities and channelled investment into decarbonisation measures. New players are also keen to enter the market while the government looks at preventing carbon leakage in the face of growing imports. Australia’s cement industry looks firmly towards the future as it embraces decarbonisation with investments in current plants and future technologies (© AdBri) Austr... |
Spain’s expectations04 September 2023, Published under Cement NewsWhile 2022 proved to be a year of atypical and complex developments, Spanish cement association OFICEMEN sees upside potential for the domestic cement sector in 2023. However, a snap parliamentary election with no clear majority has made for an uncertain way forward. By OFICEMEN, Spain. Although the Spanish cement industry continues to face uncertainty both in terms of domestic and export sales, it remains confident that it can address future challenges successfully (© OFICEMEN) ... |
CBAM introduction far from easy16 December 2022, Published under Cement NewsThis week the Carbon Border Adjustment Mechanism (CBAM) moved a step closer to reality when the EU outlined plans to introduce the new border tax on imports of carbon-intensive cement and other industrial products (aluminium, iron, fertilisers, electricity and steel) with high carbon footprints. MEPs reached a provisional agreement with the Council to start the CBAM process. The transition period of 2023-25, before full implementation in 2027, will be closely monitored. Importers will pro... |
No back tracking on Europe's Green Deal14 October 2022, Published under Cement NewsThe introduction of the Carbon Border Adjustment Mechanism (CBAM), energy price rises and implementation of carbon capture, utilisation and storage (CCUS) across Europe have heightened fears that the Green Deal may become harder to see out for EU countries. Discussions may well move some of the pricing for taxes and levies, but the European Commission is clear that there will be no backtracking on its environmental commitments to reduce greenhouse gas emissions by at least 55 per cent by 203... |
CEMBUREAU asks for speedy CBAM implementation23 June 2022, Published under Cement NewsThe European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – suc... |
Polish cement association calls for protective measures20 May 2021, Published under Cement Newshe Polish cement association has called upon the government to support protective measures such as the border protection mechanism (CBAM) to enable the cement industry to meet the challenges presented by new climate regulations and the market environment. In a letter to the Polish prime minister, the organisation says: “However, we are concerned that the lack of protective measures - such as the Border Protection Mechanism (CBAM) currently being processed by the European Commission - may re... |
Introducing the carbon border14 April 2020, Published under Cement NewsAs 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... |
European Parliament to vote on removing cement sector ETS exemption08 February 2017, Published under Cement NewsOn February 15 the European Parliament will vote on a report from its environment committee on the reform of the EU's emissions trading scheme (ETS). Among the recommendations in the report is the suggestion that the practice of allocating permits to the cement sector covering all of its emission be stopped. According to reports in the Parliament Magazine, MEPs have been subjected to ‘intense’ lobbying from the cement industry. "The lobbying has been intense with representatives from t... |
New EU carbon allowance mechanism proposed15 December 2016, Published under Cement NewsMEPs have proposed that a system should be established for the cement and clinker sectors, among others, whereby importers will be required to surrender allowances to cover for the carbon content of imported goods. The Border Adjustment Measurement (BAM) scheme should be fully compatible with WTO rules and "focus on sectors with a low trade intensity and high emissions intensity such as cement," MEPs said. "Once this mechanism is in place, no free allocation shall be given to sect... |
World Bank/Ecofys affirms sensitivity of cement sector to carbon leakage07 October 2015, Published under Cement NewsWhile other factors such as raw materials, energy, labour and knowledge also have to be considered in terms of carbon leakage, the impact of carbon pricing on a cost-competitive industry such as the cement industry cannot be ignored, according to “State and Trend of Carbon Pricing 2015”, a report published by the World Bank and Ecofys. “However, for sectors producing relatively homogenous products — such as commodities, steel, cement, and electricity — cost competition is crucial. … Often, p... |