MEPs adopt scaled-down position on EU carbon border levy

Published 21:06 on March 10, 2021  /  Last updated at 12:39 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

EU lawmakers adopted a non-binding report on the prospective carbon border adjustment mechanism (CBAM) by a broad majority on Wednesday, but only after striking out text about removing industry's free allocation of EU Allowances.

EU lawmakers adopted a non-binding report on the prospective carbon border adjustment mechanism (CBAM) by a broad majority on Wednesday, but only after striking out text about removing industry’s free allocation of EU Allowances.

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