login
login

Europe Daily Bulletin No. 12735

8 June 2021
Contents Publication in full By article 14 / 32
SECTORAL POLICIES / Climate
ETS has allowed European industries to make up to 50 billion euros in profits between 2008 and 2019, according to Carbon Market Watch
Brussels, 07/06/2021 (Agence Europe)

Between 2008 and 2019, energy-intensive industries in Europe made up to 50 billion euros in windfall profits from the European Union’s Emissions Trading Scheme (ETS), due in part to an “over-allocation” of free allowances, according to a report published on Monday 7 June by the NGO Carbon Market Watch.

Carried out by the CE Delft consultancy, the study covers the 15 most CO2-intensive sectors (iron and steel, cement, petrochemicals, etc.), plus aviation, in 19 EU countries.

In...

Contents

FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE
EU RESPONSE TO COVID-19
NEWS BRIEFS
Kiosk