EMEA > Compliance Markets & Taxes > Free EU ETS permits have stifled investments in green steelmaking, non-profit says

Free EU ETS permits have stifled investments in green steelmaking, non-profit says

Published 11:48 on July 2, 2026 / Last updated at 11:48 on July 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation)

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The allocation of free allowances under the EU’s Emissions Trading System (EU ETS) has acted as a brake on decarbonisation investment by European steelmakers rather than a catalyst for action, according to a new briefing by Steelwatch.
The allocation of free allowances under the EU’s Emissions Trading System (EU ETS) has acted as a brake on decarbonisation investment by European steelmakers rather than a catalyst for action, according to a new briefing by Steelwatch.


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