EU offers first analysis of carbon leakage risk
23 Sep 2008

Aluminium makers could qualify for free carbon allowance.
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
The "non-paper" is the commission's first stab at a methodology for assessing industrial sectors' exposure to "carbon leakage" - the relocation of production to regions outside Europe with looser carbon constraints.
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