Ex-post investigation of cost pass-through in the EU ETS

EU industry – especially manufacturers in the cement, iron and steel, refineries and fertiliser sectors – is passing its ETS-related carbon costs through into product prices, meaning that much of this cost burden is borne by customers, according to research conducted by the Oeko-Institut and CE Delft on behalf of the European Commission. The study reveals whether and to what extent ETS-related carbon costs have indeed been passed through in this manner.