Cyprus Mail6 Jul 2026

EU faces dilemma over carbon pricing amid industrial competitiveness fears

Steelmaker SSAB (SSABa.ST) is spending €6 billion to upgrade its operations, switching from coal to low-carbon hydrogen in a bet that European Union policies would reward lower-emission production and help it outcompete more polluting rivals.

But the Swedish company is among a group of industrial companies concerned that an EU proposal to overhaul the emissions trading system, Europe’s main policy for reducing the CO2 emissions heating ‌the planet, will weaken the scheme, eroding the...

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

in-cyprus

Alphamega opens express store in Peyia

Alphamega Hypermarkets has expanded its presence in the Paphos district by opening a new Alphamega Express store in Peyia, close to Cap St Georges Hotel & Resort, the company said in a press release. The store is the company’s 22nd countrywide and is designed to meet the every...

today

in-cyprus

On this day: The first airship to cross the Atlantic, the British R-34, arrived in New York in 1919

Following are some of the major events to have occurred on July 6: 1919 – The first airship to cross the Atlantic, the British R-34, arrived in New York. 1942 – Diarist Anne Frank and her family took refuge from the Nazis in Amsterdam. 1962 – William Faulkner, U.S. novelist an...

today

Cyprus Mail

‘Casa DeMikel’ show grand prize winner lands brand-new Renault Symbioz

Athinoulla Nestoros, lucky winner of the grand prize from the popular TV show “Casa DeMikel” – a brand-new Renault Symbioz Full Hybrid E-Tech worth €29,500, courtesy of the Pilakouta Group – was given the keys to the new vehicle at the Renault showroom by Giannos Antoniou, the...

today

Cyprus Mail

Anti-corruption authority declines comment on reported probe into former MP

The anti-corruption authority on Monday declined to comment on reports that it is investigating a former member of parliament over alleged fraud and misappropriation of funds linked to a non-profit organisation. The comments came after newspaper Politis reported that a third f...

today