Carbon Taxes > CARBON FORWARD 2023: Implement CBAM first before expanding its scope, urges industry representative

CARBON FORWARD 2023: Implement CBAM first before expanding its scope, urges industry representative

Published 16:49 on October 12, 2023  /  Last updated at 16:56 on October 12, 2023  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International

The EU should first test whether its carbon border adjustment mechanism (CBAM) delivers on its objectives of reducing emissions in third party countries and providing carbon leakage protection for European industry, before expanding its scope within existing, or to additional, sectors, an industry representative said on Thursday.
The EU should first test whether its carbon border adjustment mechanism (CBAM) delivers on its objectives of reducing emissions in third party countries and providing carbon leakage protection for European industry, before expanding its scope within existing, or to additional, sectors, an industry representative said on Thursday.


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