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EU in search of a Carbon Border Adjustment Mechanism

Energy Economics, 2023
To meet the targets of the EU’s Fit for 55 package, the European Commission proposed in July 2021 to implement a Carbon Border Adjustment Mechanism (CBAM) to replace free allocation of Emission Trading System (ETS) allowances for the most trade-exposed emitting industries.
Bellora, Cecilia, Fontagné, Lionel
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The Carbon Border Adjustment Mechanism – A Tax in Disguise?

European Taxation, 2022
The Carbon Border Adjustment Mechanism (CBAM) is a key component of the EU Green Deal. Scheduled to transition into operation in January 2023, the CBAM is receiving increasing attention in the media, as well as among researchers, practitioners and policymakers. This note addresses the background to the CBAM, its purpose, its functioning and who will be
S. Klotz, S.L. Probst, O. Hulliger
openaire   +1 more source

EU’s Carbon Border Adjustment Mechanism: Will It Achieve Its Objective(s)?

Journal of World Trade, 2021
The European Commission’s proposed carbon border adjustment mechanism (CBAM) aims to prevent the risk of carbon leakage, but it would levy imports even when there is no risk of carbon leakage, which may in turn increase greenhouse gas (GHG) emissions. The proposed CBAM also appears to cite the intermediate objective of ensuring a ‘level playing field ...
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The EU’s Carbon Border Adjustment Mechanism: Implications for Commonwealth Countries

2021
This issue of Commonwealth Trade Hot Topics examines the structure and orientation of Commonwealth countries’ CBAM-related exports to the EU to determine their level of exposure to this potential carbon pricing mechanism. The analysis is based on the Commonwealth countries’ trade flows in 2019 for the goods specified in Annex I of the Regulation of the
Brendan Vickers   +2 more
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A Critical Analysis of the Carbon Border Adjustment Mechanism

Global Trade and Customs Journal
On 10 May 2023, the EU legislature adopted Regulation 2023/956, establishing the carbon border adjustment mechanism (‘CBAM’). The CBAM involves a financial adjustment on imported products based on the greenhouse gas (GHG) emissions that were realized during their production process outside the EU.
Bachmann, F., Nellen, F. J. G.
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As Modern Non-Tariff Barrier: Carbon Border Adjustment Mechanism

2023
The European Union (EU), which aims to be a carbon-neutral continent by 2050, has implemented the carbon tax and Emissions Trading System (ETS) to achieve this goal. Since the carbon tax and ETS may impose significant costs on companies, companies may seek to shift their manufacturing outside of the continent. Thus, the EU plans to implement the Carbon
ÖZSALMAN, Emre, DERİNDAĞ, Ömer Faruk
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Carbon Border Adjustment Mechanism – Der Beginn der „Learning Phase“

Nachhaltigkeits Recht
Mit 1. Oktober 2023 startete mit dem CO2-Grenzausgleichssystem ein neues Klimaschutzinstrument der Europäischen Union. In der Übergangsphase vom 1. Oktober 2023 bis zum 31. Dezember 2025 sind zunächst nur Berichtspflichten vorgesehen. Im vorliegenden Beitrag werden die Grundzüge der entsprechenden Verordnung mit Schwerpunkt auf jenen Bestimmungen ...
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The European Union’s Carbon Border Adjustment Mechanism

2022
Rafael Leal-Arcas   +2 more
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