Cement News tagged under: carbon border

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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...

European cement industry welcomes well-designed European carbon border mechanism

31 March 2020, Published under Cement News

The European cement association, CEMBUREAU, has welcomed the prospect of an EU carbon border mechanism although this requires a number of design principles, said the association in a statement. In the initial phase the mechanism, which should be based on verified direct and indirect emissions from imports to the EU, should be complementary to the free allowances of the EU emissions trading scheme (EU ETS) and applicable to all ETS sectors alike. In addition, it must be fully WTO compatible...