The European Union's executive toughened criteria for state aid linked to the bloc's carbon market from next year, focusing support on companies that are at the biggest risk of relocating abroad amid increasingly strict climate policies. The European Commission, the EU regulatory arm, listed 10 sectors and 20 sub-sectors qualifying for aid for costs relating to greenhouse gas emissions that are passed on in power prices, according to a statement on new guidelines for 2021-2030. They include aluminum production, paper manufacture and refined petroleum products. The current rules, which expire at the end of this year, allow state aid for so-called indirect emission costs in 14 industries and 7 sub-sectors, according to the commission.
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