Asia Pacific > INTERVIEW: EU CBAM could see trade flows redirected -commodity house

INTERVIEW: EU CBAM could see trade flows redirected -commodity house

Published 12:22 on June 6, 2024  /  Last updated at 12:22 on June 6, 2024  / /  Asia Pacific, CBAM, EMEA, EU ETS, International, UK ETS, Voluntary

Trade flows of affected products under the EU’s Carbon Border Adjustment Mechanism (CBAM) could be redirected to markets outside the EU to avoid compliance with the scheme, leading to uneven competitive landscapes and a need for international coordination on carbon pricing, said a commodities price reporting agency.
Trade flows of affected products under the EU’s Carbon Border Adjustment Mechanism (CBAM) could be redirected to markets outside the EU to avoid compliance with the scheme, leading to uneven competitive landscapes and a need for international coordination on carbon pricing, said a commodities price reporting agency.


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