Renewable hydrogen, ammonia and green steel producers to be granted free EU carbon credits next year

Updated emissions trading rules eliminate advantage of fossil incumbents and opens up temporary new revenue stream

Projection of H2 Green Steel's mill in Boden, Sweden.
Projection of H2 Green Steel's mill in Boden, Sweden.Photo: H2 Green Steel
Published 4 April 2024, 15:11Updated 4 April 2024, 15:12
SubsidiesEU Emissions Trading SystemEUH2 Green Steelgreen steel