Doubled EU carbon price, CBAM to have negligible impact on industry, households -economists

Published 20:58 on July 12, 2021  /  Last updated at 00:30 on July 13, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, Middle East, Other APAC

Neither an EU carbon border adjustment mechanism (CBAM) nor a steep rise in carbon allowances prices – two long-term expected outcomes from the bloc’s major climate and energy package to be released this week – will have a significant impact on EU industry or consumers, economists said Monday.
Neither an EU carbon border adjustment mechanism (CBAM) nor a steep rise in carbon allowances prices – two long-term expected outcomes from the bloc’s major climate and energy package to be released this week – will have a significant impact on EU industry or consumers, economists said Monday.


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