Carbon Taxes > EU’s heavy industry made €50 bln in windfall profits over 2008-19 -report

EU’s heavy industry made €50 bln in windfall profits over 2008-19 -report

Published 19:29 on June 7, 2021  /  Last updated at 12:29 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS

The EU’s energy-intensive industries made a total €50 billion in additional profits from the bloc’s carbon market between 2008-19, a report released on Monday found, flagging a “market failure” in the EU ETS ahead of key market reforms due next month.
The EU’s energy-intensive industries made a total €50 billion in additional profits from the bloc’s carbon market between 2008-19, a report released on Monday found, flagging a “market failure” in the EU ETS ahead of key market reforms due next month.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.