EuRIC position on the updated free allocation rules (EU ETS)

The European Recycling Industries’ Confederation (EuRIC) supports the efforts of the European Commission to align the ETS Directive with the new EU targets set in the European Climate Law in order to reduce net greenhouse gas emissions (GHG) by 55% (compared to 1990 levels) by 2030. In that regard, EuRIC welcomes the initiatives’ goal to update the free allocation rules and believes that – if properly revised – can indeed mitigate potential risks of carbon leakage.
EuRIC represents the recycling industry at a European level. Gathering the vast majority of national recycling federations from EU/EEA Member States, the Confederation represents about 5,500+ recycling companies – from market leaders to SMEs – generating an aggregated annual turnover of about 95 billion EUR by treating various waste streams such as household or industrial & commercial waste including ferrous and non-ferrous metals, end-of-life vehicles (ELVs), electronic waste (WEEE), packaging (paper and plastics), construction and demolition, waste, end-of-life tyres or textiles.
This position paper outlines the position of EuRIC on the ongoing EU COM to update the current set of free allocation rules (FAR).