The Commission’s proposal to reform the Emission Trading System (ETS) aims at drastically reduce the number of sectors on the carbon leakage list, by applying a purely one-size-fits-all quantitative formula that multiplies trade intensity by emission intensity. This approach, however, ignores the potential strategic importance of these sectors in providing solutions towards the EU objectives of the circular economy.
The EU copper-producing industry is championing the returning of end of life products back into recovery and recycling. Through significant capital investments, the industry has successfully contributed to achieving its zero-waste goal and is meeting 50% of the European demand for copper through recycling. Read our blog here.