Industrial Minerals
The European Union Council of Ministers has accepted a proposal that steel, iron and non-ferrous metal producers should be allocated free carbon allowances under the EU emissions trading system (EU ETS) until 2030.The EU’s Council of Ministers has accepted a proposal that producers and processors of industrial minerals should be allocated free carbon allowances under the EU emissions trading system (ETS) until 2030. The ETS is the cap-and-trade system that was established by the EU and imposes a maximum level of greenhouse gas emissions that can be released annually by industries covered by the scheme. [...]the EU has decided to grant free allowances to these sectors, which also include steel production, textiles, oil and gas, and some food manufacturing.
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