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Circular Economy News — Week 33
Summary about last week (33)
- 1. Germany Fast-Tracks Waste Incineration Plants into EU Emissions Trading by 2027 🌍
- 2. Cement Industry Adopts Recycling of Incineration Ash to Reduce Landfill Dependency by 2024 ♻️
- 3. New Biological Substitutes for Glass Fibers in Composites: Flax and Hemp 🌿
- 4. Steel Scrap Market in Germany Faces Price Dip to €300–310 per Tonne in August 2024 📉
- 5. Scholz Group’s Parent Chiho Expects Profit to Drop to €4 Million in H1 2024 ⚠️
- 6. Schüttflix Targets €195 Million Revenue by 2025 After €26.4 Million Loss in 2023 🚧
- 7. Honda and Nissan to Recycle Plastic from Scrapped Cars: Leading the Way in Automotive Sustainability 🚗
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1. Germany to Include Waste Incineration Plants in EU Emissions Trading by 2027 — A Bold Step Towards Climate Goals 🌍
The German government has announced that it will integrate its waste incineration plants into the EU Emissions Trading System (ETS) starting in 2027, significantly ahead of the broader European timeline. This initiative is designed to accelerate Germany’s progress toward its ambitious climate targets.
• Waste incineration plants across Germany will be included in the EU ETS by 2027, a move that could reshape the financial landscape of the sector.
• The integration is expected to increase operational costs due to the need to purchase emissions allowances.
• This early inclusion supports Germany’s broader environmental policies and its commitment to reducing carbon emissions by 2030 and 2050.
• The policy decision positions Germany as a leader in European climate action, emphasizing the urgency of addressing environmental challenges.
Conclusion: Germany’s decision to advance the inclusion of waste incineration plants in the EU ETS is a significant step toward achieving its climate goals, highlighting its leadership in European environmental policy.
