Chemicals industry escapes EU carbon price as free allowances cover 98% of emissions, watchdog says

Published 14:35 on July 7, 2026 / Last updated at 14:35 on July 7, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation)

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Europe’s chemical industry has effectively paid no carbon price under the EU Emissions Trading System (ETS) over the past decade, contradicting claims that high carbon costs are undermining the sector, according to a new investigation by a watchdog group.
Europe’s chemical industry has effectively paid no carbon price under the EU Emissions Trading System (ETS) over the past decade, contradicting claims that high carbon costs are undermining the sector, according to a new investigation by a watchdog group.


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