Carbon Taxes > INTERVIEW: If CBAM is weak, ETS allowances may have to be free for longer, ArcelorMittal says

INTERVIEW: If CBAM is weak, ETS allowances may have to be free for longer, ArcelorMittal says

Published 10:16 on May 14, 2025 / Last updated at 10:47 on May 14, 2025 / / Carbon Taxes, CBAM, EMEA, EU ETS

A strong Carbon Border Adjustment Mechanism (CBAM) is key to keeping steel production in the EU, but if that fails, a slower phaseout of free EU carbon allowances would help the sector cope with rising decarbonisation costs, ArcelorMittal’s head of climate told Carbon Pulse.
A strong Carbon Border Adjustment Mechanism (CBAM) is key to keeping steel production in the EU, but if that fails, a slower phaseout of free EU carbon allowances would help the sector cope with rising decarbonisation costs, ArcelorMittal’s head of climate told Carbon Pulse.


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