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News Cembureau welcomes updates to European Union Carbon Border Adjustment Mechanism

Cembureau welcomes updates to European Union Carbon Border Adjustment Mechanism

Written by Global Cement staff 24 June 2022
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Belgium: Cembureau, the European Cement Association has welcomed the adoption of the European Parliament reports on the European Union (EU) Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM).

Koen Coppenholle, the chief executive officer of Cembureau, said “Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – such as the reinforcement of CBAM, the inclusion of indirect emissions, the need for a strong export solution for CBAM sectors, the inclusion of waste incineration in the EU ETS and the support for key breakthrough technologies - which we welcome.” He added that the association regretted the compromise reached suggesting delaying the implementation of the CBAM by one year as cement imports into the EU were growing “exponentially”.

Eurostat data cited by Cembureau shows that EU cement imports have increased by 300% in the past five years from 2016 to 2021, with specific spikes when the EU carbon price was at its highest level. The association is lobbying for what it calls a ‘watertight’ CBAM and a ‘realistic’ with the phase-out of free allocation of carbon credits to cement producers.

Last modified on 29 June 2022
Published in Global Cement News
Tagged under
  • Belgium
  • Cembureau
  • European Union
  • Emissions Trading Scheme
  • carbon border adjustment mechanism
  • Government
  • lobbying
  • Import
  • Eurostat
  • data
  • GCW563
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