Reports: British Steel to secure £100m government loan to help meet carbon credit bill

BusinessGreen staff
clock • 2 min read

Sky News reveals government is poised to announce loan package, as company prepares for EU emissions trading scheme bill

British Steel has reportedly secured a £100m government-backed loan, after it fell foul of changes to the EU emissions trading scheme (ETS) triggered by the delay to the UK's Brexit date. Sky News reported...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

The carbon credits debate is finally shifting from 'whether' to invest to 'how'

The carbon credits debate is finally shifting from 'whether' to invest to 'how'

With clarity and integrity noticeably improving in supply and demand, where we used to represent opposing positions, we now largely agree on how companies should use carbon credits, write VCMI's Mark Kenber and Oxford Net Zero's Kaya Axelsson

Mark Kenber, VCMI, and Kaya Axelsson, Oxford Net Zero
clock 21 September 2026 • 4 min read
Google inks its 'largest ever' carbon and methane removal deal

Google inks its 'largest ever' carbon and methane removal deal

Agreement with Terradot pairs methane cuts from sustainable rice farming with enhanced rock weathering on rice farms in Brazil

clock 17 September 2026 • 2 min read
VodafoneThree puts out call for UK-based carbon removals to support its climate strategy

VodafoneThree puts out call for UK-based carbon removals to support its climate strategy

Telecoms operator launches four-year procurement process with Abatable to seek carbon removals from nature based and engineered projects across the UK

clock 14 August 2026 • 2 min read