The European Commission’s decision to grant free emissions allowances to a long list of industries based on an artificially inflated carbon price faces a fresh challenge, this time from a group of NGOs that may take their fight to court.
The Commission has been asked to conduct an internal review of its decision to base the 2015-19 carbon leakage list on a carbon price of €30 per tonne in spite of an impact assessment that suggested €16.50/tCO2 was likely. The Commission’s decision means almost all industrial installations currently receiving free allowances will continue to do so.
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