quotas for CO2 emissions - Latest news GMK Center

The association believes that the revision of the scheme must be in line with the industry’s actual needs

The growth is largely attributable to the inclusion of three carbon-intensive sectors

Negotiations, according to the European Commissioner for Climate Action, will start next week

The company believes that the phase-out schedule from 2026 to 2034 is unrealistic

The average price forecast for the current year is €75.15/t

Prices for CO2 emission permits returned to growth after a localized low in the first half of the month

A decline in production volumes led to weak demand from the steel industry

The January price increase turned out to be short-lived due to the low utilization of steelmaking and rolling capacities

According to experts, a relatively low bar has been set for companies

Reducing emissions could soften the blow from Europe's CBAM

This is due to expectations that the new government will be tougher on big polluters

China's low-carbon steel standards are currently under investigation