EMEA > Compliance Markets & Taxes > Luxembourg can reclaim ArcelorMittal’s unused carbon allowances, top EU court rules

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 (Compliance Markets & Taxes, Europe)

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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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