Green steel projects threatened by EU carbon market reform plans – German state premier
Weakening EU ETS could put green steel projects in German state of Saarland at risk, writes Anke Rehlinger
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Weakening the European Union's Emissions Trading System (EU ETS) could put green steel projects in the western German state of Saarland at risk, state premier Anke Rehlinger said in an open letter to chancellor Friedrich Merz, Spiegel reported. The state’s industry had invested in projects to make steelmaking climate friendly with political commitments in mind, and unreliable framework conditions risked jeopardising the transformation, Rehlinger wrote.