Green hydrogen could get free allocation in EU carbon market reform -official

Published 19:36 on July 20, 2021  /  Last updated at 20:41 on July 20, 2021  /  EMEA, EU ETS  /  No Comments

The European Commission is considering broadening the scope of product benchmarks under the EU’s carbon market rules for industry to include clean production methods - a measure that could grant free allowances for green hydrogen or clean steel production, a senior EU official said.

The European Commission is considering broadening the scope of product benchmarks under the EU’s carbon market rules for industry to include clean production methods – a measure that could grant free allowances for green hydrogen or clean steel production, a senior EU official said.

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