MEPs set to approve carbon leakage risk list

Companies in 164 European industry sectors and sub-sectors look likely to receive extra free carbon allowances from 2013 to prevent them relocating to regions with weaker carbon constraints, after most MEPs grudgingly endorsed draft EU proposals on carbon leakage on Tuesday.

"We should say yes with a stomach ache," centre-right MEP Karl-Heinz Florenz told the European Parliament's environment committee, according to a parliament source. It was the committee's first debate on a list of sectors in the EU emission trading scheme (ETS) believed to be at risk of carbon leakage. The list was drawn up by the European Commission and approved by a committee of member state experts last month.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.