voestalpine Sues EU Over Plans for Carbon Emissions

Politics ♦ Published: July 21, 2011; 19:30 ♦ (Vindobona)

The Austrian steel company and four German competitors filed a lawsuit against the EU. They argue that CO2 emission targets are unrealistic and unachievable.

voestalpine Sues EU Over Plans for Carbon Emissions / Picture: © Vindobona.org

Five steel companies, among them Austrian voestalpine, together with the European Confederation of Iron and Steel Industries (Eurofer) have filed a lawsuit at the European Court of Justice in Luxembourg against the EU Commission’s CO2 emission standards. The benchmarks for certificate trading in the period from 2013 to 2020 were “unrealistic”. voestalpine alone would incur extra…

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