The high-energy consuming industries are not sparing any efforts to reduce their influence on current legislation in their favour as part of the current reforms of the Emissions Trading Scheme (ETS) for the 2021-2030 period. They may also be able to benefit from more than €230 billion in subsidies under this reform, according to a report from the Corporate Europe Observatory (CEO) published on Wednesday 7 December.
This “Carbon Welfare” report was published on this issue during the...