Brussels wavers over ending carbon permit giveaway to wasteful steel plants

Published 11:16 on October 29, 2018  /  Last updated at 09:57 on October 30, 2018  /  EMEA, EU ETS  /  No Comments

Efforts to end a 15-year old practise of giving some of Europe’s most polluting steel plants free carbon allowances hang in the balance as big-emitting businesses fight to keep climate protection rules that have earned them hundreds of millions of euros.

Efforts to end a 15-year old practise of giving some of Europe’s most polluting steel plants free carbon allowances hang in the balance as big-emitting businesses fight to keep climate protection rules that have earned them hundreds of millions of euros.

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