About: carbon border tax
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.
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.
German industry sceptical of EU’s new 2030 climate goals
The European Commission will present today (17 September) detailed proposals to reduce carbon emissions in the EU by 55% below 1990 levels by 2030. While German industry officially welcomes the new ambitions, it is also clearly sceptical. EURACTIV Germany reports.
Carbon market’s free perks need rethink, insists EU watchdog
The EU’s Emissions Trading System (ETS) of offering free pollution permits needs to be reviewed and aligned more closely with climate policy if the bloc wants to reap its full benefits, the European Court of Auditors said on Tuesday (15 September).
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).
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.
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.
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.
Can EU’s new industrial strategy accelerate Germany’s green transition?
With its new industrial strategy, the European Commission wants to promote climate-friendly innovations, unlocking billions in investment into clean technologies. However, it remains unclear how companies will be supported in the transition. EURACTIV Germany reports.
Brussels’ anti-climate-dumping quest in the spotlight
EU trade and industry ministers weighed into a discussion on a carbon border tax on Thursday (27 February), as the bloc’s internal market chief said the tariff will be ready to deploy “as soon as possible”.
Lawmakers pressure Paris to do more for EU budget
MEPs in charge of negotiating the EU's next seven-year budget, the Multiannual Financial Framework (MFF), came to Paris to seek France's support before the start of decisive talks on the future European budget. EURACTIV France reports.
Busoi MEP: EU’s industrial strategy must be ‘in total accordance’ with Green Deal
Cristian Bușoi, the chair of the European Parliament’s industry and energy committee, says MEPs are eager for a far-reaching strategy from the European Commission.
EU could use carbon border tax against Brexit Britain, warns MEP
The EU could deploy a carbon border tax against the UK after Brexit, according to the head of the European Parliament’s environment committee, if Westminster diverges from bloc rules on issues like carbon markets.