Cement News tagged under: carbon border adjustment

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Cem'In'EU speaks out on Carbon Border Adjustment Mechanism

05 November 2020, Published under Cement News

Cem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries.   "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f...

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...