Another smelter bites the dust....and another reason why we need TODAY more than ever effective #carbonleakage measures. Unless Member States make full use of EU #ETS indirect cost compensation, very little production will still be in Europe next winter
https://t.co/DQedicbq49
Tomorrow @Europarl_EN plenary #Fitfor55 vote must reject @EP_Environment proposals to include indirect emissions in #CBAM without a proper methodology & support the @EP_Industry transitional approaches for their inclusion.
Read why here👉 https://t.co/LF79HmiRJm.
Data insights and analysis about why & how a #CBAM covering indirect emissions cannot match the unique #ETS indirect carbon costs we face only in Europe and hurt our #lowcarbon producers and entire value chain. Food for thought ahead of @Europarl_EN plenary vote next week
🔊New @CRUGROUP study confirms the inclusion of indirect emissions in the EU #CBAM will hinder European #aluminium smelters' competitiveness.
PR👉https://t.co/Fbb1d88a8p
STUDY👉https://t.co/Oe2mrRN3WA
The final CBAM & ETS ENVI reports should ensure that EU MS can protect aluminium smelters against indirect carbon costs as the #CBAM is gradually phased in.
A too rapid transition to indirects would mean the end of the entire 🇪🇺 aluminium value chain 👉https://t.co/y6FMv4CVIA.
So glad to meet again in person @EU_Aluminium members at our annual 2022 Spring meetings & discuss with the full value chain our energy challenges. Encouraging words by Karlis Goldstein CAB @KadriSimson: “There couldn’t be an #energytransition without #Aluminum”
Excellent panel discussion yesterday on how to design an effective #CBAM for the 🇪🇺#Aluminium value chain. Full support to a "cautious but ambitious" approach. Ready to work with @EU_ENV Rapporteur @MChahim, @EU_Taxud@MElenaScoppio & @EUCouncil + @Europe2022FR
To become an effective #carbonleakage tool without harmful consequences for the EU flag aluminium value chain, #CBAM on the electro-intensive #aluminium should be initially tested on #direct emissions only.
CBAM – The Specific Case of #Aluminium roundtable.
A #CBAM without a solution for exports would dramatically harm the European #aluminium value chain.
A CBAM on indirect emissions cannot even out the indirect emissions costs 🇪🇺 industry is facing due to the specific electricity market design in Europe 👉https://t.co/JxwMUpSrxd.
We submitted our recommendations for an effective, future-proof carbon leakage #CBAM.
To achieve sustainable growth, we must have a global level playing field for our industry.
Read our conditions for support 👉https://t.co/GB70CEySHW
Watch our video 👉 https://t.co/lSALgnXtZ2
#COP26 scorecard nicely put together by @bpolitics & @bloomberggreen . Agreement on article 6 & global #carbon markets stands out…accountability and transparency throughout implementation will be crucial
In the #EU aluminium sector, electricity prices have gone up +300%, compared to +50% for #aluminium prices.
This highlights the need for enhanced carbon leakage protection to navigate the #energyprices crisis.
Read our statement and solutions 👉https://t.co/tATQ4FoOE8
The European #aluminium industry and its workers strongly oppose a suspension of anti-dumping duties. It would be a disaster for European jobs and the #EUGreenDeal!
READ our joint statement with @industriAll_EU 👇 https://t.co/AXVbLxvIyf
@EPSocialAffairs@EU_Social
Executives of 17 European #aluminium companies have written @EU_Commission@VDombrovskis to oppose the proposed 9-month suspension of anti-dumping duties on FRPs.
The 🇪🇺 must counter unfair trade practices & provide investment and legal certainty!
READ👉https://t.co/hieqpOIHLr
Today the @EU_EESC is holding a public hearing to discuss #CBAM design and implementation.
Sandro, our Director of EHS & Sustainability will present our conditions for support. Find below our initial 4 policy asks.
We welcome @EU_Competition's draft #CEEAG. #EUStateAid must complement the #fitfor55 package. The review is on the right track, but some crucial improvements are needed!
Our response to the draft EU State Aid Guidelines 👉https://t.co/HvXNKfCS4x
World leaders’ soaring rhetoric on the #climatecrisis was translated into legislative proposals for the first time this week, as the EC laid out a dozen draft laws that will change how Europeans travel, #trade and heat their homes. By @bedini_giulia@KCarlsonJourno#regulation