About: carbon border adjustment mechanism

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.
Energy 04-12-2020

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

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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.
Circular economy 05-10-2020

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.
Energy 02-10-2020

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.
Energy 14-09-2020

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).
Energy 14-09-2020

EU carbon border tax: How a French idea ended up in the limelight

Since Jacques Chirac first proposed a carbon border tax, French presidents have never let go of the idea. Now, the European Commission plans to integrate it into its recovery plan, much to the irritation of Beijing, just as an EU-China summit opens on Monday (14 September). EURACTIV France reports.
Energy 14-09-2020

Europe urges China to match its climate ambitions

The European Union will press China to aim for climate neutrality by 2060 or eventually face punitive carbon tariffs during a summit on Monday (14 September) aimed at concluding a bilateral trade agreement by the end of the year.

Extended ETS outperforms carbon border adjustment in the power sector

Creating a carbon border adjustment mechanism would not work as well as extending the EU Emissions Trading Scheme to reduce global emissions and further integrate energy exporting countries into the European power market, argue András Mezősi, Zsuzsanna Pató and László Szabó.
Economy & Jobs 27-07-2020

Moscow cries foul over EU’s planned carbon border tax

Russia’s economic development minister warned last week that the EU’s plans to deploy a carbon tax at the bloc’s borders will not be in line with World Trade Organisation (WTO) rules, just as Brussels doubled down on the idea of green tariffs.
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