As the European Commission’s proposed greenhouse gas emissions benchmarks come ever closer to being adopted, steel associations seem to be reaching for new route of attack. The last attempt to defeat the benchmarks could now unfold in a court of law.
SBB 25 February Eurofer is considering launching a legal challenge against the European Commission’s proposed greenhouse gas benchmarks if they are adopted, it tells Steel Business Briefing. The benchmarks are currently being challenged at the European Parliament.
A draft resolution to force a vote on the legality of the greenhouse gas benchmarks for industry “will have little chance”, the office of Philippe Juvin, who proposed the resolution alongside six other MEPs, admits to SBB. The resolution will face a vote in the committee in mid-March. “Some members support us, but they are few.”
Many MEPs believe the steel industry has sufficient carbon credits to cover its needs, Eurofer suggests. MEPs are perhaps also keen to draw a line under the issue and move on to other matters. However, Eurofer believes that its case against the benchmarks is strong enough to stand up in court.
The benchmarks will decide the amount of free carbon credits allocated to the steel industry in 2013-2020. Steelmakers may have to buy in credits to cover any emissions over the benchmark figure. Eurofer has complained that the benchmarks are not technically achievable by even the most efficient European facilities.