International > CBAM & Tariffs > MEPs narrowly vote to keep free EU carbon allowances once border levy imposed

MEPs narrowly vote to keep free EU carbon allowances once border levy imposed

Published 18:54 on March 9, 2021 / Last updated at 12:39 on September 1, 2021 / EMEA (Compliance Markets & Taxes, Europe), CBAM & Tariffs

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A narrow majority of the European Parliament on Tuesday voted against a gradual phaseout of freely allocated EUAs to energy-intensive industries in light of the EU’s prospective carbon border adjustment mechanism (CBAM).
A narrow majority of the European Parliament on Tuesday voted against a gradual phaseout of freely allocated EUAs to energy-intensive industries in light of the EU’s prospective carbon border adjustment mechanism (CBAM).


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