18.07.2013 - EU approves German carbon support scheme for heavy industry
European Union regulators on Wednesday approved a German scheme to compensate heavy industries for higher electricity costs resulting from the bloc's emissions trading scheme (ETS). The scheme introduced earlier this year is meant to prevent energy-intensive industries such as steel and cement makers from relocating outside Europe to avoid the costs associated with the EU's carbon trading scheme, known as "carbon leakage."..............................................Full Article: Source
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