Buyer's Carbon Bonus

Summary


CORUS will include carbon credits for the Teesside Cast Products plant in talks with potential new buyers.

The steelmaker was awarded seven million free carbon credits this year, under the EU's Emissions Trading Scheme (ETS) - currently worth almost 80 million euros on the open market.

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Extract


Buyer's Carbon Bonus

Most of the credits will go unused after production ceased at the Teesside plant.

The credits will form a key part of ongoing negotiatio...

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