ETS

Some changes in EU ETS led to unobvious consequences

In total, it is about 41 large-scale projects in 15 countries

Without strategic support from the government, steel industry will not be able to achieve its decarbonization goals

CBAM will apply from October 1, 2023, with a transitional period

EUROFER Deputy Director General Climate and Energy about the deal on the Carbon Border Adjustment Mechanism and review the Emissions Trading System in EU

The EU agreed on the reform of the ETS and the gradual abolition of free quotas for carbon emissions

The EU aims to reduce carbon emissions by 55% by 2030

Parliament is ready to start negotiations with the EU government on the final text of the laws

CBAM was just the beginning of a new trend

340 PMs voted against the amendments to the bills, 265 voted in favor and 34 abstained