+
World Cement Association's Comment on Linking UK and EU carbon markets
Company News

World Cement Association's Comment on Linking UK and EU carbon markets

Fabien Charbonnel, Director at the World Cement Association (WCA) and Directeur Général, Cem’In’Eu comments, “I believe a unified carbon market reduces the risk of competitive distortion and encourages fairer competition across borders. Consistent carbon pricing mechanisms promote efficiency and provide clarity for businesses operating internationally. For UK-based cement producers, alignment could remove disadvantages when exporting to the EU if UK carbon prices exceed those in Europe. However, it is worth noting that EU producers exporting to the UK would similarly benefit from greater price parity. While the current impact on cross-border trade volumes in cement may be limited, ensuring a level playing field as climate policies evolve is an important step for industrial sectors navigating the low-carbon transition. This aligns with the key messages shared during the WCA's recent webinar on the implications of CBAM and the EU ETS, where it was discussed how linking carbon markets can help avoid carbon leakage, reduce complexity, and ensure fairer competition between domestic and foreign producers. As new carbon pricing regimes emerge globally and EU prices continue to rise, market coherence and predictability will be crucial to supporting investment in decarbonisation.”

Fabien Charbonnel, Director at the World Cement Association (WCA) and Directeur Général, Cem’In’Eu comments, “I believe a unified carbon market reduces the risk of competitive distortion and encourages fairer competition across borders. Consistent carbon pricing mechanisms promote efficiency and provide clarity for businesses operating internationally. For UK-based cement producers, alignment could remove disadvantages when exporting to the EU if UK carbon prices exceed those in Europe. However, it is worth noting that EU producers exporting to the UK would similarly benefit from greater price parity. While the current impact on cross-border trade volumes in cement may be limited, ensuring a level playing field as climate policies evolve is an important step for industrial sectors navigating the low-carbon transition. This aligns with the key messages shared during the WCA's recent webinar on the implications of CBAM and the EU ETS, where it was discussed how linking carbon markets can help avoid carbon leakage, reduce complexity, and ensure fairer competition between domestic and foreign producers. As new carbon pricing regimes emerge globally and EU prices continue to rise, market coherence and predictability will be crucial to supporting investment in decarbonisation.”

Related Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code