EU approves carbon floor price compensation for energy intensive firms

Jessica Shankleman
clock •

European Commission grants state aid approval to UK government Energy Intensive Industries Package

The European Union has approved UK plans to compensate businesses operating in energy intensive sectors, such as chemicals, steel and iron, paper and plastics, to help them cope with the financial impact...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Jessica Shankleman
Author spotlight

Jessica Shankleman

View profile
More from Jessica Shankleman

BusinessGreen's most read stories of 2015

Government revs up another £400m for plug-in car grants

More on Policy

'Heading for yet another sewage-heavy year': Study reveals how pollution incidents rose again in 2024
Policy

'Heading for yet another sewage-heavy year': Study reveals how pollution incidents rose again in 2024

Annual Water Quality Report from Surfers Against Sewage warns industry remains badly off track to meet targets for cutting pollution incidents

James Murray
James Murray
clock 16 April 2025 • 7 min read
Study: 1,200 Olympic swimming pools of water lost each day due to 'crumbling infrastructure'
Policy

Study: 1,200 Olympic swimming pools of water lost each day due to 'crumbling infrastructure'

Three billion litres of water are wasted every day through leaky pipes, costing customers almost £400m a year, according to a new Lib Dem-backed analysis

Stuart Stone
Stuart Stone
clock 14 April 2025 • 5 min read
Government urged to fast-track green steel plans for Scunthorpe steelworks
Policy

Government urged to fast-track green steel plans for Scunthorpe steelworks

As government races to keep blast furnaces operating, calls grow for Ministers to deliver promised strategy for modernising and decarbonising the UK steel industry

James Murray
James Murray
clock 14 April 2025 • 7 min read