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  /  No Comments

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.

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