Norway ups climate spend to compensate industry ETS costs

Published 15:19 on October 7, 2020  /  Last updated at 15:19 on October 7, 2020  /  EMEA, EU ETS  /  No Comments

Norway’s government plans to increase its climate spending to cover the ballooning cost of compensating heavy industry for indirect EU ETS costs, while campaigners flagged that the country is on course to need to buy a significant number of carbon units from non-ETS sectors.

Norway’s government plans to increase its climate spending to cover the ballooning cost of compensating heavy industry for indirect EU ETS costs, while campaigners flagged that the country is on course to need to buy a significant number of carbon units from non-ETS sectors.

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