Carbon Taxes > Brussels mulls full free allocation phaseout by 2035 “at the earliest” -draft

Brussels mulls full free allocation phaseout by 2035 “at the earliest” -draft

Published 13:03 on July 7, 2021  /  Last updated at 12:05 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS

Brussels may propose waiting until 2026 to gradually phase out free allocation of EU carbon allowances for industry and to fully put an end to the handouts by 2035 at the earliest, according to two draft documents on the planned carbon border adjustment mechanism (CBAM) seen by Carbon Pulse.
Brussels may propose waiting until 2026 to gradually phase out free allocation of EU carbon allowances for industry and to fully put an end to the handouts by 2035 at the earliest, according to two draft documents on the planned carbon border adjustment mechanism (CBAM) seen by Carbon Pulse.


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