About: carbon border adjustment mechanism
Emerging economies share ‘grave concern’ over EU plans for a carbon border levy
European Union plans to impose taxes on carbon at its border are “discriminatory” and unfair to developing nations, ministers from Brazil, South Africa, India and China have warned. EURACTIV's media partner Climate Home News reports.
Brussels rules out double carbon compensation for EU steelmakers
The European Commission has made it clear that industries covered by the EU’s upcoming carbon border levy will no longer receive free CO2 allowances under the bloc’s carbon market, the emissions trading scheme (EU ETS).
African countries deem EU carbon border levy ‘protectionist’
Some African countries consider the EU's planned carbon border levy to be "protectionist". That was the upshot of a conference organised by the French government on Tuesday (23 March), which examined the challenges posed by the EU's upcoming mechanism. EURACTIV France reports.
China approves five-year plan, underpinned by fossil fuels
China approved its five-year goals on Thursday (11 March), but the world’s biggest polluter shows little ambition of moving away from fossil fuels, leaving much to be decided.
French right, Greens join forces on EU carbon border levy
The European Parliament has finally voted to maintain free CO2 allowances. This has provoked outrage among some European People's Party (EPP) MEPs, particularly from the French Republican party, who, together with the Greens, have sided against the amendment. EURACTIV France reports.
European Parliament backs plan to price carbon at EU’s border
The European Parliament on Wednesday (10 March) overwhelmingly endorsed the creation of a carbon border charge that would shield EU companies against cheaper imports from countries with weaker climate policies.
EU Parliament votes to retain free CO2 quotas for industry
The European Parliament has rejected proposals to phase out free CO2 pollution credits for industries covered by the EU’s Emissions Trading System (EU ETS), even as the bloc plans to gradually replace the scheme with a carbon levy at its border.
Asian countries see EU carbon border levy as protectionist: survey
The European Union’s carbon border adjustment mechanism, due to be presented in June, is broadly perceived as a protectionist and unilateral move, according to a survey of decision-makers in China, India, Japan and other Asian countries.
Industry lobbies EU lawmakers to change carbon border levy plan
Some of Europe's largest industry groups have asked European Union lawmakers to change their position on the bloc's planned carbon border policy, in a last-minute lobbying push ahead of a vote on Tuesday (9 March), emails seen by Reuters show.
Poor countries in line to receive funds from EU carbon border levy
The future carbon border adjustment mechanism is part of the "new own resources" for the EU budget and must be used to "combat global warming" across the world, Green MEP Yannick Jadot said on Wednesday (3 March). EURACTIV France reports.
A carbon border tax on fertilisers? Think twice, EU told
The fertiliser industry is increasingly cited as an ideal testing ground for the EU’s upcoming carbon border levy, due to be tabled in June. But industry figures warn this risks causing an increase in food prices that could trigger social unrest.
Carbon border levy should be in place no later than 2023, EU lawmakers say
Lawmakers in the European Parliament on Friday (5 February) backed a levy on carbon-intensive products imported into Europe, calling on the European Commission to introduce a so-called "carbon border adjustment mechanism" as quickly as possible.
China says ‘more consultation’ needed on EU carbon border levy
The European Commission needs to have further discussions with Beijing and other trading partners about its upcoming carbon border levy, a senior Chinese diplomat said at a EURACTIV event on Thursday (28 January).
EU carbon border levy shaping up as ‘notional ETS’
Revenues from the European Union’s upcoming carbon border charge will be “recycled” to replenish the EU budget and finance the bloc’s green transition, senior officials have said. However, this won’t be the main goal, they cautioned, saying the new levy must pursue environmental objectives to comply with WTO rules.
EU sees carbon border levy as ‘matter of survival’ for industry
The European Union's proposed carbon border charge is essential to the survival of its own industries and the bloc will impose the levy on non-EU competitors unless they commit to lowering their emissions, the bloc's climate policy chief said on Monday (18 January).
2021: Another decisive year for Europe’s climate ambitions
Climate policy will again take centre stage in 2021, with the European Commission expected to table a mammoth package of green laws in June, before the COP26 UN climate summit in Glasgow caps off a year packed with milestones for European climate policy in December.
MEP Canfin: EU’s carbon border adjustment mechanism ‘is not a tax’
The European Union’s future carbon border adjustment mechanism must mirror the EU’s own carbon market price and structure in order to be compatible with WTO rules, says Pascal Canfin.
On carbon pricing, policymakers are now thinking beyond emissions trading
Changes taking place in the UK and US could force a rethink of the EU’s flagship climate policy, the Emissions Trading Scheme.
The EU’s carbon border adjustment mechanism
When she took office in December last year, European Commission President Ursula von der Leyen announced ambitious new climate goals for Europe and a new border levy aimed at ensuring fair competition with countries that do not impose a carbon...
Taxing times as EU mulls best way to price carbon at the border
EU climate officials are currently mulling how to deploy a so-called carbon border adjustment mechanism (CBAM) on imported goods, as part of the bloc’s flagship Green Deal initiative, and it is proving to be a complex exercise.
Europe faces up to China’s supremacy on raw materials
When the flu pandemic hit Europe and disrupted global supply chains this year, the EU came to a sobering realisation – it cannot continue relying solely on imports for raw materials like lithium and rare earths which are critical for the bloc’s digital and green industries.
EU’s carbon border tax proposal still has many grey areas
While the EU carbon tax should be introduced at the bloc's borders by 2022, a report details the challenges and options of this mechanism, which still has many grey areas. EURACTIV France reports.
EU to withdraw free CO2 pollution credits to clear way for carbon border tax
The European Commission plans to withdraw free allowances given to polluting industries under the EU’s emission trading system (ETS) in order to clear the way for their inclusion in the bloc's upcoming carbon border adjustment mechanism, the EU executive's vice-president, Valdis Dombrovskis, said on Monday (14 September).