Skip to main content

Cement companies gain most from the emissions trading system

Published by
World Cement,

Bloomberg are reporting that the European Union industry landed a US$26.7 billion windfall from an emissions cap-and-trade program that was intended to moderate emissions by putting a price on pollution. This information comes from an environmental consultancy.

Companies in the cement, petrochemical and steel industries gained most from the emissions trading system, or ETS, from 2008 to 2014, according to a study by CE Delft that was commissioned by Carbon Market Watch.

Energy-intensive industries have recommended that policy makers keep distributing free permits to companies to prevent the relocation of companies, known as carbon leakage.

The report’s findings “bust open the industry myth of carbon leakage,” said Femke de Jong, EU policy director at Brussels-based Carbon Market Watch.

Edited from source by Joseph Green. Source: Bloomberg

Read the article online at:

You might also like




At WCT2021 you will hear from a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry and the latest solutions on offer. Register for free today »


CEMEX strengthens presence in Guatemala

The company has announced that, as part of its growth strategy, it will increase capacity in Guatemala with the construction of a new cement grinding mill that is expected to be completed in early 2023.


Embed article link: (copy the HTML code below):