Luxembourg court confirms EU ruling that state can reclaim ArcelorMittal’s unused EUAs

Published 21:48 on March 12, 2019  /  Last updated at 22:26 on March 12, 2019  /  EMEA, EU ETS  /  No Comments

A Luxembourg court has confirmed an EU ruling that its government can reclaim without compensation carbon allowances given to steelmaker ArcelorMittal to cover emissions at a shuttered plant.

A Luxembourg court has confirmed an EU ruling that its government can reclaim without compensation carbon allowances given to steelmaker ArcelorMittal to cover emissions at a shuttered plant.

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