What the news says
This proposal directly affects companies in the energy, waste treatment, and industrial production sectors in Europe covered by ETS. The mandatory allocation of 50% of ETS revenue to decarbonization creates new financial pressure on emitting companies, while expanding ETS to the waste treatment sector will increase operating costs for waste managers and manufacturing firms. Investors in these sectors will need to recalculate compliance costs from 2031 onward.
07/17, 05:11 PM
The European Commission proposes that member states allocate 50% of ETS revenues to decarbonization and include waste incineration in the ETS between 2031 and 2034.
The European Commission proposes that member states allocate 50% of ETS revenues to decarbonization and include waste incineration in the ETS between 2031 and 2034.
Affected assets
FirstSquawk
07/17, 05:11 PM
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