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ExxonMobil fails to win temporary ETS concessions as it awaits EU top judges’ pronouncement

( January 8, 2021, 13:29 GMT | Official Statement) -- MLex Summary: The EU’s General Court has sided with the European Commission by dismissing ExxonMobil Production Deutschland’s requests for interim measures as part of a legal dispute on its carbon permits entitlement for the 2013-2020 period, according to an order published today. ExxonMobil is awaiting guidance, sought by the Administrative Court of Berlin, from the EU’s top judges as part of a dispute with the German emissions trading authority. ExxonMobil is seeking to obtain a higher number of allowances under the Emissions Trading System in relation to a natural-gas plant for sulfur extraction in the German state of Lower Saxony.Statement follows in French. The case reference number is T 731/20 R. ...

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