Cement News tagged under: carbon trading

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Swiss cement industry joins EU ETS

28 January 2020, Published under Cement News

From 1 January 2020 Swiss cement companies are participating in the EU Emissions Trading Scheme (EU ETS). Based on the polluter-pays principle, the scheme will allow the sector to be exempt from carbon levies collected in Switzerland. Moreover, Swiss ETS participants will also be allowed to trade emission allowances in the larger EU market as the two systems have been linked since the start of the year. Cemsuisse, the Swiss cement association, believes the system is an effective tool as i...

China's carbon trading passes CNY6bn

26 November 2018, Published under Cement News

China's seven pilot carbon trading schemes reached CNY6bn (US$863.9m) at the end of October, rising from CNY4.7bn at the end of 2017, reported the Ministry of Ecology and Environment. China's pilot CO 2 trading schemes cover the cities of Beijing, Tianjan, Shanghai, Chongqing and Shenzhen, and the provinces of Guangdong and Hebei. The schemes were introduced in 2013 and include the cement and other carbon-emitting industries. A total of 250Mt of carbon dioxide changed hands on the exchang...

Carbon trading – state of play

09 March 2015, Published under Cement News

Low prices and generous free allowances have meant that the cement and lime industry has been relatively unfazed by the European Emissions Trading Scheme (EU ETS). Is this about to change? By Philipp Ruf, ICIS Tschach Solutions, UK. Figure 1: post-2013 carbon price development in terms of EUA price Go around the table at the board meeting of many cement and lime producers, and ask about their strategy for dealing with the European Emissions Trading Scheme (EU ETS). You’ll likely...