About: carbon border adjustment mechanism

United States lawmakers are at a CBAM tipping point

A levy on carbon-intensive products is in the works in the EU, which would mean producers of EU goods pay for their emissions wherever they are in the world. It will have a serious impact on Europe's trading partners, making dialogue and understanding crucial to its success, writes Mohammed Chahim after a visit to the US.

EU countries agree world’s first carbon tariff, but leave out controversial issues

The EU's 27 economy ministers reached an agreement on Tuesday (15 March) to introduce a carbon levy on imports of highly-polluting goods like steel, cement and fertilisers, but kicked the can down the road on controversial aspects like the use of revenues coming from the scheme.
OpinionPromoted content

‘Fit for 55’ climate policies must be ambitious without undermining industry’s ability to invest in decarbonisation

Access to affordable clean electricity and a global level playing field on carbon pricing are crucial for the ability of energy-intensive industry in Europe to invest in decarbonisation. When EU Environment Ministers meet to discuss the revision of the EU ETS this week, they should look for a framework that puts Europe on track for carbon neutrality.

World’s poorest should not pay for climate action while EU industry pollutes for free

As EU finance ministers meet on Tuesday (15 March) to discuss the proposal for a carbon border levy, they should look to protect the most vulnerable countries from being hit and work to phase out free allowances quicker, write Anne Gläser and Chiara Putaturo.

EU in balancing act over carbon border levy, industry concerns

The European Commission’s proposed Carbon Border Adjustment Mechanism is meant to replace free allowances distributed to industry under the existing EU ETS, but European steelmakers worry the transition will be a mess and leave them without protection from foreign competitors.
OpinionPromoted content

The unintended consequences of CBAM on the EU Industrial Strategy

In the pursuit of the EU’s set climate ambitions, the proposed Carbon Border Adjustment Mechanism risks enabling a depressive industrial strategy ultimately jeopardising the European economy and generating significant environmental impacts outside the EU. Squaring the circle of climate targets entails a Mechanism that works as a safeguard to all European industries and prevents carbon leakage of all sectors, preserving the competitiveness of all EU companies.

Europe’s carbon border levy could pose another post-Brexit challenge for Ireland

The European Union is planning to introduce a levy for carbon-intensive goods later this decade, but it risks creating more post-Brexit problems on the island of Ireland and landing importers of UK goods with potentially expensive new procedures.
EU-Africa 26-01-2022

EU and African leaders seek to rebuild fragile trust ahead of summit

Migration, climate change mitigation and the fallout from the Covid pandemic are set to be the main bones of contention at the upcoming EU–African Union summit in Brussels, insiders to the talks have told EURACTIV.
EU-Africa 21-01-2022

Africa must not be targeted by EU carbon levy, warns Senegal’s president

The EU needs to ensure that African states do not bear the brunt of its carbon border levy at next month’s EU–African Union summit in Brussels, Senegal’s President has warned EU leaders.

EU ministers mull carbon border tax, argue over nuclear’s green credentials

European Union environment ministers gathered in France Thursday (20 January) to mull climate policy and the merits of a carbon border tax, while airing differences on whether nuclear energy can be classified as "green".

Lawmakers criticise plan for ‘CBAM reserve’ in EU carbon market reform

An EU lawmaker’s proposal to put aside free pollution permits for industry in case plans to replace them by an external EU carbon tariff fails, has been criticised by his fellow lawmakers in the European Parliament.
Elections 19-01-2022

Presidential candidate Mélenchon ready to push for EU Treaty reform

Jean-Luc Mélenchon, presidential candidate of radical left party La France Insoumise, hopes to push member countries to break away from EU treaties "that block us" if he wins the election in April.

Put co-innovation at the heart of EU green external relations

The EU needs to intensify its cooperation on green innovation with other parts of the world, writes Mats Engström.

Lawmaker drafts ‘complete overhaul’ of EU carbon border levy

The EU lawmaker in charge of negotiating Europe’s upcoming levy for carbon-intensive imports has recommended drastic changes, including a quicker rollout and adding more products to the scope of the draft legislation.
Climate change 10-01-2022

How an open climate club can generate carbon dividends for the poor

Germany-led G7 can boost decarbonisation together with climate justice, write Andreas Goldthau and Simone Tagliapietra.
EU-Africa 04-01-2022

2022: COVID and vaccine access cast a shadow over EU-Africa partnership plan

Nearly two years after the European Commission set out plans for a ‘strategic partnership’ with Africa, and repeated delays, the long-awaited EU–African Union summit is almost upon us.

How to make the EU’s carbon border tax effective and fair

As the EU steps up its efforts to introduce a Carbon Border Adjustment Mechanism, it’s crucial that policymakers design the CBAM to support deep emission reductions while safeguarding the rights of less-privileged countries to develop, writes Agnese Ruggiero.

France to link climate and economic goals during EU presidency stint

Promoting a new European growth model is one of the major focuses of France's EU Council presidency programme in the first half of 2022, President Emmanuel Macron has announced. The climate transition is not at the plan's core but it will be closely tied to Macron's economic ambitions.

John Kerry: Carbon border tariffs are ‘a legitimate idea to have on the table’

The EU’s proposed carbon border adjustment mechanism is a “legitimate” instrument to consider, and the United States are “exploring it” as well. “It may be a tool that we have no choice but to employ if other countries are not going to be serious enough about reducing carbon,” John Kerry told EURACTIV in an interview.
Central Asia 01-12-2021

Kazakhstan plans to model new ETS on EU’s scheme, say lawmakers

Kazakhstan plans to align its revamped carbon emissions trading scheme closely with the EU’s as part of its domestic green transition plans, its lawmakers said at a conference hosted by EURACTIV.
Joe Biden and Ursula von der Leyen
Economy & Jobs 01-11-2021

EU and US slash tariffs, start cooperating on ‘green steel’

The US and EU on Sunday (31 October) agreed to end their trade dispute on steel and aluminium and announced steps to promote low-carbon steel production – a move analysts said could open the door to a new way of organising trade around climate objectives.
Economy & Jobs 19-10-2021

Chinese business chief wants climate dialogue instead of CBAM

China wants more dialogue with Europe on climate measures, according to the chairman of the Chinese Chamber of Commerce to the EU, who also detailed China's new data security law, which he said was the equivalent of the EU's data protection rules.

Carbon market largely unaffected by EU border levy, think tanks say

Over half of the heavily criticised free allowances, which allow certain EU companies to emit CO2 without paying, will remain unchanged under current plans for the tool designed to replace them, according to climate think-tanks.
Climate change 24-08-2021

Carbon taxes could hurt Russia more than sanctions, says oil tsar

Igor Sechin, chief of oil giant Rosneft, has told the Kremlin that carbon border taxes like the European Union's could inflict far greater damage to Russia's economy than sanctions, the Kommersant newspaper reported on Monday (23 August).