Sandbag Climate Campaign
  • What we do
    • Carbon pricing
    • Industry
    • Climate Governance
  • Tools
    • Carbon Price Viewer
    • EU ETS Dashboard
    • EU ETS Simulator
    • Abatement curve
  • Publications & News
    • Reports and policy briefs
    • Blog posts
    • Sandbag in the News
  • About
    • About us
    • Team
    • Board of Directors
    • FAQ
    • Work for us
    • Contact
  • Support us
  • Newsletter
  • Follow us
  • Linked In
Select Page

The Case of ArcelorMittal

ETS
download PDF

download PDF


This briefing examines how the world’s biggest steel company, ArcelorMittal, is set to become the largest1 beneficiary of the EU Emissions Trading Scheme. By 2012 the company is set to have 80 million permits to pollute which it does not need and which it was given for free. If sold, these will make over £1 billion in windfall profits by 2012, paid for in part, by UK power consumers.
Press release:
UK’s Richest Man Could Make £1 …
Press clippings:
7th Dec: Eco Friend …
7th Dec: StockWatch
7th Dec: Economic Times
7th Dec: ClickGreen
6th Dec: Sunday Times
Skills

Posted on

December 10, 2009

← 10 Reasons to engage with emissions trading Lessons learned from the ETS →

Recent Posts

  • Lost opportunity of carbon market reform
  • What’s new in the ETS trilogues? Benchmark revisions (or not!)
  • An export solution for a faster CBAM phase-in
  • Spend Smarter: A bit of advice on climate innovation financing
  • Innovation’s Black Friday

Categories

  • Aviation
  • Blog posts
  • Carbon Pricing
    • ETS
    • Offsetting
  • CBAM
  • CCS
  • Climate Governance
  • Financing
  • General
  • Industry
    • Construction
    • Hydrogen
    • Steel
  • International
  • Reports and policy briefs
  • Lost opportunity of carbon market reform
  • What’s new in the ETS trilogues? Benchmark revisions (or not!)
  • An export solution for a faster CBAM phase-in
  • Spend Smarter: A bit of advice on climate innovation financing
  • Innovation’s Black Friday
RSS Error: WP HTTP Error: A valid URL was not provided.