Steelmakers urge deeper CO2 cuts in China

China's commitment to reduce its CO2 emissions per unit of national income by 40-45% in 2020 compared to 2005 levels is insufficient to protect European steelmakers from carbon leakage, trade association Eurofer warned on Tuesday.

The association is concerned the European Commission will use "any kind of agreement" in Copenhagen as an "excuse" to either eliminate free carbon allowances planned for EU manufacturers most at risk of carbon leakage or to cut down the number of eligible sectors.

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
or call 020 8267 8120

Not a subscriber?

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