Polluting companies pushed to clean up their act
A tougher carbon trading scheme to match Britain’s lofty climate goals will mean heavy industries pay more for emissions
15 May 2021 • 12:00pm
Tata Steel, like many in its ailing sector, is counting the cost of failing to clean up its carbon emissions.
Its huge steelworks, which looms over Port Talbot, has made the small Welsh town one of the UK’s most polluted areas.
While the company has made waves of job cuts at the plant, cutting emissions has proved to be trickier.
Its struggle has also proved costly. Tata and its rivals have been hit hard by EU policies ramping up the cost of emitting carbon, and they face no let up under Britain’s post-Brexit Emissions Trading Scheme (ETS).