The portion of emissions covered by free allowances varies by industry and by how efficient each facility is relative to industry benchmarks. (c2es.org)
This is because the industry sector has received and is about to receive enough free allowances to cover its compliance needs until 2030, according to our projections. (carbon-pulse.com)
Our analysis suggests that in phase 4 the Commission will apply a cross sector correction factor to installations» allocations to keep the total amount of free allowances from exceeding this cap. (carbon-pulse.com)