About: cbam

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5 Areas of Improvement in the CBAM proposal

Because of the aluminium industry’s unique challenges, the current Carbon Border Adjustment Mechanism (CBAM) proposal will not contribute to reducing global CO2 emissions across our sector, but will accelerate the investment and employment leakage trend European industries have experienced over the past decades.
Economy & Jobs 13-10-2021

South Korean trade minister calls for closer ties with the EU

Ten years after the free trade agreement between the EU and South Korea was signed, South Korean trade minister Yeo seeks to modernize it by including investment protection and new technologies.
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Getting off the fence? The future of coal in the Western Balkans

Driven by ambitious targets and a set of sharp regulatory tools, the Green Deal is about to redefine the European economy and policy. As to be expected from a transformation of that magnitude, developments do not always follow a straight...
Energy 06-09-2021

Coal mine methane: a missed opportunity for EU’s CBAM

The EU’s carbon border adjustment mechanism had an opportunity to include methane in its scope and act against sources of the potent greenhouse gas, but this was left out of the final published draft. Future EU climate legislation cannot afford to make the same mistake, writes Anatoli Smirnov.

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.

EU industry shuns carbon border levy, calls for export rebates

European industries covered by the EU's future carbon border adjustment mechanism (CBAM) have expressed doubts about the proposal, tabled last week. In addition to border measures, they are calling for an export rebate scheme to help green EU products compete on global markets.

German industry worried about EU carbon market reform, sceptical of CBAM

Industry in Germany watched the presentation of the European Commission’s new package of energy and climate laws with bated breath on Wednesday (14 July), expressing worries about a reform of the EU’s carbon market that could see free CO2 pollution...

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.

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.

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.