Financial Times FT.com

Carbon trading

Steel industry attacks Brussels plans

By Andrew Bounds in Brussels

Published: January 13 2008 22:32 | Last updated: January 13 2008 22:32

A steel and iron industry lobby group has accused bureaucrats of a “vindictive” campaign to chase the sector out of Europe to meet European Union climate change goals.

In a mounting war of words, Eurofer claimed that Jos Delbeke, who runs the EU scheme to cap and trade carbon emissions, admitted that the booming sector would have relocated offshore within a decade of a new law cutting greenhouse gas emissions coming into effect in 2013. Mr Delbeke denied he made the remark.

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