CEO of BASF, German manager
In a letter to Chancellor Friedrich Merz (CDU), BASF CEO Markus Kamieth and Covestro CEO Markus Steilemann demand fundamental corrections to the EU Commission's reform proposal, otherwise the emissions trading system could become a "catalyst for disinvestments and industrial substance loss." BASF CEO Kamieth had stated in February – before the reform proposal – that the costs for emissions certificates could rise to one billion euros for his company alone by the end of the next decade. #Emissionshandel #Klimapolitik #Chemieindustrie (translated)
