Investment leakage – not a myth

Emissions Trading Scheme
14 October 2016

News

“Level playing field in ETS rules is necessary for new investments in Europe” – said ceramic industry representative, Johan Van der Biest (CEO, Wienerberger Belgium) at a high-level conference on ETS review post 2020 and on risk of investment leakage in Europe.

 

For bricks and roof tiles sector a qualitative carbon leakage assessment is important, as the sector expects high carbon costs after 2020. Clay construction products, which include bricks and roof tiles and clay pipes, are the second most energy intensive manufacturing industry in Europe and employ directly over 50,000 people across EU. “There needs to be a possibility for a fair carbon leakage assessment also in the future, without a quantitative threshold for a qualitative method” - underlined Van der Biest.  

 

 

Investment leakage was a topic of a Brussels-event with politicians and stakeholders organized by the Slovak Presidency, MEP Belet and Businesseurope on Oct 11th. For more information go here.