Carbon Taxes > INTERVIEW: Tactics to avoid EU CBAM likely to include relocation, circumvention

INTERVIEW: Tactics to avoid EU CBAM likely to include relocation, circumvention

Published 14:34 on July 5, 2024  /  Last updated at 14:34 on July 5, 2024  / Bryony Collins /  Carbon Taxes, CBAM, EMEA, EU ETS, International, UK ETS

Relocation outside of the bloc and circumvention of the taxonomy are two responses likely to be taken by companies when the true financial impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) starts to kick in later this decade, in addition to securing supplies of low-carbon materials, according to an expert at a global consultancy.
Relocation outside of the bloc and circumvention of the taxonomy are two responses likely to be taken by companies when the true financial impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) starts to kick in later this decade, in addition to securing supplies of low-carbon materials, according to an expert at a global consultancy.


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