EU carbon border levy proposed as ‘notional’ ETS with transition phase -draft

Published 17:22 on June 3, 2021  /  Last updated at 12:29 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, International  /  No Comments

The EU’s proposed carbon border adjustment mechanism (CBAM) will look like a ‘notional’ ETS and will give importers a transition phase to alleviate their burden, according to draft documents that give little indication over how the measure will interact with free allocation of carbon allowances to industry.

The EU’s proposed carbon border adjustment mechanism (CBAM) will look like a ‘notional’ ETS and will give importers a transition phase to alleviate their burden, according to draft documents that give little indication over how the measure will interact with free allocation of carbon allowances to industry.

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