Cement News tagged under: emissions trading

RSS feed

Gujarat launches pilot air pollutant permit cap and exchange mechanism

07 June 2019, Published under Cement News

India has launched the world's first trading programme for particulate air pollution quotas. The western state of Gujarat piloted the scheme on 5 June involving some 350 industrial plants in Surat, including cement plants. The trading programme has been devised by academic experts, including Anat Sudarshan from the University of Chicago and Nicholas Ryan from Yale University. The government will cap the total amount of air particulate matter than can be emitted over a period of time by all ...

EU agrees revised ETS for 2021-30

14 November 2017, Published under Cement News

Coinciding with the UN Climate Summit COP23 in Bonn later this month, EU negotiators have agreed a revised Emissions Trading System (EU ETS) for the 2021-30 trading period. Following a two-year intensive negotiation process, the agreement builds on the Commission’s approval and includes the following main improvements agreed by Parliament and Council. Significant changes to the system will be made to speed up emissions reductions and strengthen the Market Stability Reserve to accelerate t...

EU and Switzerland link emissions trading systems

14 September 2017, Published under Cement News

The EU and Switzerland are joining their respective emissions trading systems following the adoption of the European Commission of two proposals to finalise an agreement between the two parties. The Swiss Federal Council has approved a deal to link the carbon markets of the country with the European Union, according to the European cement association, Cembureau. The move sees participants in the EU Emissions Trading System (EU ETS) permitted to use the allowances from the Swiss system for c...

Polish cement demand to rise 2.5% in 2017

02 May 2017, Published under Cement News

Cement production in Poland increased by two per cent in 2016, according to the Polish Association of Cement Producers. In 2017 cement demand is expected to grow by 2.5 per cent to 16.1Mt thanks to healthy housing and transport infrastructure construction markets, the association said. However, its future also depends on the EU’s CO2 emissions policies, the association added. With 14 plants, owned by the subsidiaries of eight international cement producers, Poland’s cement sector points ou...

Cembureau calls for maintaining free EU ETS allowances for best performers

02 February 2017, Published under Cement News

The European cement industry has made it clear to MEPs in the European Parliament that the EU Emissions Trading Scheme (EU ETS) must maintain free allowances at the level of best performers to achieve real emission reductions, while maintaining a competitive industry in Europe. Cembureau commented that the proposal should ensure that:     •    All energy-intensive industries are on the carbon leakage list and all installations receive a free allocation based on ambitious but realistic b...

South Korea: carbon emission quota increased

27 January 2017, Published under Cement News

On 24 January the South Korean government increased the carbon emissions quota by 1700t to 539Mt and added 51Mt to emission rights in view of companies’ efforts for greenhouse gas reduction prior to the implementation of emissions trading. Community energy suppliers and cement manufacturers are expected to benefit from the adjustment, with the price/t of carbon emission rights recently tripling from a year ago to KRW20,850 (US$17.75) in the Korea Exchange. T he government also voted fo...

CEMBUREAU: EU-ETS proposal needs to incentivise best performers

07 September 2015, Published under Cement News

The European Commission (EC) recently published the long-awaited post-2020 EU Emissions Trading Scheme (EU-ETS) proposal. Although the EC acknowledges the importance of continued carbon leakage protection, it maintains the cross-sectoral correction factor, to the disappointment of CEMBUREAU, the European cement association. “Even if the Commission claims its application will be minimised, the allocation to the best performer would be drastically reduced through the combined application wi...

Cembureau calls for predictable EU-ETS legal framework

14 April 2015, Published under Cement News

In a response to a public consultation on the revision of the EU Emissions Trading System (EU ETS) Directive, European cement association Cembureau advocates an improved EU-ETS after 2020 that “creates a predictable legal framework and ensures a stable long-term globally-equalised carbon price to foster investments in low-carbon technologies and eliminates carbon leakage risk.” The association argues that there should be free allocation of carbon credits for cement producers in the absence o...

EU ETS: cement sector included on EU carbon leakage risk list

10 November 2014, Published under Cement News

On 27 October, the European Commission adopted the list of sectors expected to be at risk of carbon leakage, which will be applicable for the period 2015-19. The list includes the cement industry, a fact welcomed by Cembureau, the European cement producers’ association. “The risk of carbon leakage has increased since 2009 as a direct result of the reduction in the competitiveness of the European cement industry because of the deep economic crisis and rising energy and electricity costs. The ...

EU Climate Change Committee includes cement on carbon leakage list

08 September 2014, Published under Cement News

The cement sector has been included on the EU Climate Change Committee's approved list of sectors deemed to be at risk of carbon leakage, a move welcomed by European cement association, Cembureau. "The measure will provide stability and legal certainty at least for the 2014-2019 period for the cement industry," said Cembureau in a statement. The list will be used in the free allocation of allowances for the 2015-19 period and will thus provide regulatory predictability for the remainder o...