CEPI very uncomfortable with reconfigured carbon credit program by European Commission

CEPI very uncomfortable with reconfigured carbon credit program by European Commission

BRUSSELS, Sept. 6, 2013 (Press Release) - The European Commission just announced it will cut free allocation of emission credits to industry with an additional 6% in 2013 - adding up to a startling 18% extra cut by 2020. The decision is very harsh as even the most carbon efficient companies in Europe will not receive the credits they need to operate.

It is time to make a reality check on all recent and misleading statements implying that EU ETS does not impact European industry.



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