About: carbon border tax
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.
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.
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.
Brussels should follow Biden’s lead in engaging Russia
Putin's Russia is a consistent source of tension among EU countries, but a certain degree of engagement with this country could deliver tangible benefits for the EU on increasingly urgent issues such as climate change, the Arctic, and cybersecurity, writes Nick Lokker.
Chizhov: Russia is well-placed to play a constructive role in Afghanistan
In a wide-ranging interview, the Russian ambassador to the EU Vladimir Chizhov discussed Afghanistan, the ‘Crimea Platform’, carbon border tax, COVID and vaccines, and the new political season.
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).
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.
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.
Ambassador: EU and South Korea born to be best like-minded partners
Climate change is likely to be a key area to strengthen cooperation between the Republic of Korea and the EU in the coming years, the country's ambassador to Brussels, Yoon Soon-gu, told EURACTIV in an interview about multilateralism, climate cooperation and the EU's Indo-Pacific strategy.
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.
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).
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.