Brussels, 27/11/2015 (Agence Europe) - Plans to reform the emissions quotas trading system (ETS) for the period 2021-2030 could cost the steel industry €34 billion in 2030 and thus eat up all of the profit margin of companies in the sector, according to a study published on Thursday 26 November.
This study, known as 'EU ETS Carbon Cost Calculator (E3C3)' and carried out by ECOFYS, a consultancy firm specialising in the field of sustainable energy, launches a new method to calculate the...