Germany calls on the European Union to postpone a phased refusal of free quotas for carbon emissions for energy -intensive industries as part of the EU emissions (ETS) system, according to Bloomberg. Referring to the growing costs of energy and economic pressure, Berlin claims that the mechanism for adjusting carbon borders (CBAM), designed to replace free distributions, will not provide sufficient protection of the heavy industry of Europe.
Reference information: ETS and free Quotes
ETS ETS Rules will be tightened in 2026, which will require more industries to purchase carbon certificates if they cannot reduce emissions.
free release of carbon certificates, for a long time provided by sectors such as steel, cement and chemicals, is planned to be stopped by 2034. The phased refusal begins with aviation in 2026 and gradually applies to other sectors.
the EU plans to replace free distributions on CBAM, which introduces carbon tax on the import of carbon goods, such as steel and cement. Lang = "En-Sus"> The position of Germany
at a reception organized by the RWE AG energy company in Berlin, the Minister of Economy of Germany, Katerina Rahehe claimed that free allocations should remain in place in order to prevent to prevent deindustrialization.
She warned that without additional guarantees the main sectors risk collapsing, adding that Germany would look for a decision with the European Commission.
industry Problems
German industrial groups expressed decisive support
There are no comments yet.