The European Union's decision to suspend UK firms' access to free carbon permits pending ratification of the Brexit divestment agreement is driven by British Steel's decision to obtain a £ 100 million loan from the UK government.
The report, which appeared on yesterday's BBC website, also said that "there is no danger to British Steel's sites or jobs."
According to a BBC report, "British Steel is requesting a £ 100m loan from the government to comply with EU emissions regulations."
“The rules of the EU emissions trading system allow industrial pollutants to use carbon credits to pay for the previous year's emissions or exchange them for money. Each free permit gives the company the right to emit a ton (1000 kg) of carbon dioxide (CO2). ), and they can be exchanged for money, ”the BBC said.
British Steel says it is discussing the impact of Brexit on its business with ministers and officials from the Department of Business, Energy and Industrial Strategy (DBEIS) and is in talks with the Business Department for financial assistance.
DBEIS claims to always negotiate with “a wide range of sectors and companies” within its purview as a business department.
British Steel must comply with EU emission regulations by April 30th.
British Steels needs government credit to comply with EU emission rules
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Azovpromstal® 15 April 2019 г. 10:49 |
