EU Emissions Trading Scheme
European Parliament adopts draft reform of carbon market
The European Parliament on Wednesday (15 February) adopted draft reforms of the EU's carbon market post-2020 that aim to balance greater cuts in greenhouse gases with protection for energy-intensive industries.
Polluting industries stand to gain from EU ETS reform, report claims
A reform of the EU Emissions Trading System (ETS), which is being voted on by the European Parliament next week, could end up giving more than €230bn in subsidies to polluting industries, a new report has claimed.
EU ETS in need of 'ambitious' revamp, MEPs warn
The European Union (EU) has been urged to revamp its Emission Trading System (ETS) to allow for free allowances to be given to the industries that need them most, even though it was revealed that struggling Tata Steel has received £700m from the ETS since 2008.
Tata Steel crisis: Four green solutions for the struggling steel industry
As the Tata Steel crisis rumbles on, commentators are pointing fingers at energy prices and green policies as key reasons behind Tata's decision to exit the UK. Are they right, or could a reformed green policy landscape and enhanced focus on sustainability actually end up convincing energy-intensive manufacturers to stay put?
EU decarbonisation policies could cost UK steel £300m a year
The EU emissions trading scheme (ETS) could cost the UK steel sector more than £300m a year by 2030, according to a new report from the industry.