Glass Alliance Europe sent a letter to the negotiators ahead of the trilogue to revise the EU ETS Directive and create a Carbon Border Adjustment Mechanism (CBAM).
The letter includes important elements for the glass fibre industry, in particular:
- To preserve the investment capacity in the industry and provide a predictable framework, with particular attention to avoid the application of a CSFC and ensure realistic benchmarks
- To review the rules for compensating against the indirect costs linked to electricity prices to allow the compensation of the continuous filament glass fibre installations.
- To perform prior in-depth assessment of the CBAM applicability, efficiency, and its impact on a sector before its inclusion
The letter is available below