Outokumpu urges robust EU carbon pricing after Commission proposes EU ETS overhaul
Reuters2026/07/21 06:11By:Reuters
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- Outokumpu backed the European Commission’s proposed EU ETS review for 2031-2040, calling for a strong, predictable carbon price signal.
- It opposed delaying the phaseout of free emission allowances, citing weaker decarbonization incentives and reduced effectiveness of the CBAM.
- It supported aligning the Linear Reduction Factor with the EU’s 2040 climate targets, urging minimal changes to the 4.4% annual reduction.
- Outokumpu endorsed reinvesting ETS revenues into industrial decarbonization via the Innovation Fund and the Industrial Decarbonization Bank.
- It flagged potential opportunities from including permanent carbon removals as it develops biomass-based solutions and explores carbon capture.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Outokumpu Oyj published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.
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