Luxembourg can reclaim ArcelorMittal’s unused carbon allowances, top EU court rules

Published 17:45 on March 8, 2017  /  Last updated at 17:45 on March 8, 2017  /  EMEA, EU ETS  /  No Comments

Europe’s top court on Wednesday ruled Luxembourg can reclaim without compensation EU carbon allowances given to steelmaker ArcelorMittal to cover emissions at a shuttered plant, supporting a court advisor’s previous opinion in the case.

Europe’s top court on Wednesday ruled Luxembourg can reclaim without compensation EU carbon allowances given to steelmaker ArcelorMittal to cover emissions at a shuttered plant, supporting a court advisor’s previous opinion in the case.

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