About: carbon border adjustment mechanism

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).

EU’s planned carbon border levy violates trade principles, says China

The European Union's plan to impose the world's first carbon border tax will expand climate issues into trade, both violating international principles and hurting prospects for economic growth, China said on Monday (26 July).

US lawmakers push carbon border tariff similar to EU’s CBAM

Democrats in the US Senate are considering a "polluter import fee", similar to the EU’s recently unveiled carbon border adjustment mechanism (CBAM), to help fund President Joe Biden's $3.5 trillion recovery package.

LEAK: New EU fund aims to cushion social impact of climate policies

The European Commission will launch a social fund to help alleviate the societal costs of its climate legislation, particularly its plan to expand the emissions trading scheme (ETS) to buildings and road transport, according to a leaked draft seen by EURACTV.

EU climate targets are undermined by ETS subsidies. They must end

Some industry groups have called to maintain free CO2 allowances in addition to the upcoming carbon border levy. Their addiction to subsidies must be brought to an end, otherwise Europe risks triggering a trade war that would also undermine the EU's climate leadership, write Connie Hedegaard and Pascal Lamy.

Europe’s ‘Fit for 55’ climate package: What to expect

On Wednesday (14 July), the European Commission is due to table a package of energy and climate laws aimed at reaching the EU's new, more ambitious climate goals. EURACTIV gives you the lowdown on the plan.

How to make a success of the EU carbon border adjustment

The EU has clearly fallen short in communicating its upcoming carbon border levy abroad, including on how it intends to use the revenues raised by it. Fortunately, it still has time to fix these shortcomings, write Anne Gläser and Oldag Caspar.

The Green Brief: CBAM enters with a bang

The EU's carbon border adjustment mechanism – or CBAM – entered with a bang last week when a draft of the EU’s upcoming new regulation was leaked to the press. The document raised as many questions as it answered, however.

LEAK: EU’s carbon border tariff to target steel, cement, power

The European Union plans to impose carbon emission costs on imports of goods, including steel, cement and electricity, according to leaked documents obtained by EURACTIV.

Britain’s former trade secretary calls for carbon border tax

Britain’s former trade minister Liam Fox has called for a carbon border tax to help protect businesses against cheaper imports from countries with less strict climate policies.
Climate change 24-05-2021

Germany’s Scholz proposes ‘climate club’ to avoid trade friction

Germany wants the European Union to create a "climate club" with other countries like the United States, Japan and possibly even China to avoid trade friction linked to green tariffs such as a planned carbon border levy.

The EU carbon tax could create a new era of trade wars

Europe's carbon border levy to increase the cost of carbon-intensive goods entering the EU could push the Global South towards less restrictive trade deals, ultimately causing more harm to the environment, writes Muhammed Magassy.

US raises concerns over Europe’s planned carbon ‘border tax’

Implementing a border levy to price carbon-intensive imports and protect European industries will be “extremely complicated,” warned Jonathan Pershing, a member of the US climate envoy’s team.

Carbon border levy should start with steel, cement and fertilisers, says Poland

Steel, cement and fertilisers should be among the first sectors protected by the upcoming carbon levy to safeguard European business from cheaper, CO2 intensive imports, according to Poland.

Time for global cooperation on industrial emissions

Current cooperation on green innovation with countries such as Japan, South Korea, India and, of course, the United States should be significantly strengthened, writes Mats Engström.
Special ReportOpinionPromoted content

How to reconcile the EU climate ambitions and competitiveness – will CBAM square the circle?

The Polish efforts to reach the climate goals are in the spotlight: TOGETAIR 2021 marks the second edition of the Polish Climate Summit and the first edition of the Polish Multimedia Climate Report. Both offer a unique chance for the...

Chinese president slams EU carbon border levy in call with Macron, Merkel

Chinese President Xi Jinping slammed the European Union's plan for a carbon border levy on Friday (16 April) in a call with the leaders of France and Germany, according to state media.

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.
Climate change 12-03-2021

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.