Carbon leakage protection for EU industry is under threat

The Alliance of Energy Intensive Industries, representing over 30.000 European companies and 4 million jobs, is extremely worried about the instability in the EU regulatory framework for climate action, created by recent decisions and reform ambitions from the Commission on the Emission Trading Scheme (ETS).
Energy Intensive Industries support the EU ETS as a policy instrument to meet the EU’s climate objective. However, since the start of EU ETS Phase III (January 2013), we are becoming more and more concerned that protection against carbon leakage is turning out to be an empty promise.