Summary
CONCERNS have been raised over the future of the pounds 100m worth of carbon credits which steelmaker Corus is set to receive despite planning to mothball its plant site on Teesside.
Redcar MP Vera Baird has written to Corus asking it to hold on to its Carbon Emission Trading (CET) allowances, or carbon credits, in relation to the Teesside Cast Products (TCP) plant in Redcar to maintain its attractiveness to potential buyers.See the full content of this document
Extract
Mp's Fears Over Pounds 100m Credits for Corus Plant
Each year the plant gets around seven million free CETs from the European Union, which at the current price of around ...
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