Yara International Reconsiders Major Low Carbon Projects as EU Weighs Suspension of Carbon Border Levy
Yara International warned it could halt major low-carbon investments if the European Union suspends its carbon border levy to aid farmers facing high costs.
Insights:
The European Commission is considering a temporary suspension of its carbon border adjustment mechanism on fertiliser imports following pressure from France 
FRand Italy 
ITto support farmers facing high prices. This regulatory uncertainty has prompted Yara International ASA to signal that it would reconsider its planned low-carbon ammonia project in Louisiana, which is being developed in partnership with Air Products and Chemicals Inc .
FRand Italy ITto support farmers facing high prices. This regulatory uncertainty has prompted Yara International ASA to signal that it would reconsider its planned low-carbon ammonia project in Louisiana, which is being developed in partnership with Air Products and Chemicals Inc .
