European industry appears poised to reap a more generous share of free pollution allowances than first expected after persuading policymakers that proposed legislation would impose steep costs on manufacturers and threaten jobs.
Germany led an effort to ensure that manufacturers – including those in chemicals, glass, steel and cement – receive free allocations if they are forced to compete against companies from non-European Union countries that are not subject to new regulations, according to people familiar with the talks.
See full Article.
Posts
