Meeting with CEFIC
8 October 2020
CEFIC requested the call to better understand the Commission’s reasoning behind the
revised Emission Trading System (ETS) State aid guidelines. They expressed their
disappointment that the sector 20.14 Basic Organic Chemicals will not be eligible for indirect
ETS costs compensation in the Fourth Trading Period 2021-2030.
CEFIC noted its interest to participate in the upcoming consultations in the context of the
review of the Energy and Environmental Aid Guidelines (EEAG).
Cabinet Vestager and COMP explained the in-depth analysis and process undertaken to
review the ETS State aid Guidelines. The analysis of the risk of carbon leakage due to indirect
ETS costs performed by the Commission was based on quantitative parameters and a
qualitative assessment of the sector’s situation in terms of market characteristics, profit
margins, abatement potential, and fuel/electricity substitutability. The qualitative analysis
was supported by an external independent consultant.
Cabinet Vestager and COMP invited CEFIC to submit data as part of the upcoming public
consultation and inception impact assessment on the EEAG in the coming months.