Carbon Credit: EU approves German carbon support scheme for heavy industry meant to prevent energy-intensive industries such as steel and cement makers from relocating outside Europe to avoid the costs associated with the EU's carbon trading scheme, known as "carbon leakage." | Reuters

EU approves German carbon support scheme for heavy industry | Reuters: ""The Commission's investigation found that the scheme... would effectively prevent carbon leakage while keeping competition distortions to a minimum," the European Commission said in a statement." CLICK LINK TO READ ARTICLE

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