| European Union nations will be able to compensate some big energy users, including steel and aluminium producers, for extra costs resulting from changes to the EU Emissions Trading Scheme (ETS) beginning next year, the Commission confirmed on Tuesday.
A draft last month had already shown EU member states from 2013 would be able to shield big industry, to try to prevent so-called carbon leakage, which happens when rising costs drive business out of Europe...............................................Full Article: Source |