International > CBAM & Tariffs > EU to be lenient with CBAM penalties during early phase, official says

EU to be lenient with CBAM penalties during early phase, official says

Published 16:18 on May 27, 2024 / Last updated at 16:18 on May 27, 2024 / / EMEA (Compliance Markets & Taxes, Europe), International (CBAM & Tariffs, UN Climate Talks)

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The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.
The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.


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