Top lawyer advises EU court to rule against steelmaker ArcelorMittal

Published 21:09 on July 5, 2016  /  Last updated at 21:09 on July 5, 2016  /  EMEA, EU ETS  /  No Comments

EU nations can reclaim carbon allowances they handed out as a result of companies failing to report correctly, an adviser to Europe’s highest court said on Tuesday, in a case that could go against steelmaker ArcelorMittal.

EU nations can reclaim carbon allowances they handed out as a result of companies failing to report correctly, an adviser to Europe’s highest court said on Tuesday, in a case that could go against steelmaker ArcelorMittal.

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