Tata and Celsa Steel compensated in attempt to prevent 'carbon leakage'

clock

Government confirms £16m paid out to help energy intensive firms cope with the indirect costs of EU Emissions Trading Scheme

Seventeen companies, including Tata Steel, Celsa Steel and chemical firm Ineos Chlor Vinyls, have been handed millions of pounds in compensation by the government to help them cope with the costs of carbon...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Carbon Trading

CBI urges government to end 'power vacuum', fast track wind farm approvals

CBI urges government to end 'power vacuum', fast track wind farm approvals

CBI Director-General joins chorus of voices urging government to act now to tackle looming economic and energy crisis

James Murray
clock 10 August 2022 • 5 min read
The Race Bank offshore wind farm / Credit: Ørsted

How the net zero sceptics' medieval arguments are being overwhelmed by a very modern reality

Critics of the net zero transition are trying to blame it for the UK's economic woes, but their arguments are looking increasingly detached from the modern world

James Murray
clock 09 August 2022 • 14 min read
Lib Dems call for 'energy furlough scheme'

Lib Dems call for 'energy furlough scheme'

Lib Dems urge government to cancel looming energy price cap increase, as latest projections suggest average household bills could top £4,000 from January

James Murray
clock 09 August 2022 • 4 min read