The bigger the CBAM exposure, the more likely a country is to turn to carbon pricing -study
The EU’s Carbon Border Adjustment Mechanism (CBAM) has encouraged other countries to adopt carbon pricing measures since Brussels first raised the idea in 2019, according to a first analysis of the policy’s direct effect on EU trade partners.Â
Read MoreLow-carbon cement producer taps carbon data firm to assess its value against EU ETS, CBAM
A low-carbon cement producer has partnered with a carbon data firm to assess its carbon intensity and model potential value against mechanisms including the EU’s Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM), the companies said Wednesday.
Read MoreCF Asia: EU ETS uncertainty threatens to slow market momentum in Asia, analysts say
Europe’s decisions on its Emissions Trading System (ETS) and its future use of international carbon credits will have knock-on effects on the development of carbon markets in Asia, analysts said.
Read MoreTurkish cement warns against EU CBAM default values, says will inflate carbon costs fourfold
Turkish cement producers have warned that the EU’s Carbon Border Adjustment Mechanism (CBAM) risks acting as a de facto trade barrier unless Brussels recognises the country’s own emissions data collected under a monitoring, reporting and verification (MRV) system aligned with EU rules, industry association Turkcimento has said.
Read MoreAluminium accounts for bulk of Gulf countries’ exposure to EU CBAM -report
Aluminium exports are the main driver of Gulf nations’ exposure to the EU’s Carbon Border Adjustment Mechanism (CBAM), according to analysis published Monday.
Read MoreUK refineries warn of further closures after govt rejects CBAM inclusion
The UK government’s decision not to extend its planned carbon border adjustment mechanism (CBAM) to cover refined oil products has triggered warnings from industry that the country’s remaining refineries face an increased risk of closure, potentially accelerating reliance on imported fuels.
Read MoreEU lawmakers warn CBAM suspension powers could undermine decarbonisation investment
European lawmakers warned on Tuesday that the use of European Commission powers to suspend the EU Carbon Border Adjustment Mechanism (CBAM) for entire industries could weaken incentives for companies to invest in decarbonisation.
Read MoreEU should target free emissions permits more strategically, says think tank
The EU could better target free emissions allowances to sectors most at risk of global competition, according to new analysis published Tuesday.
Read MoreEU CBAM reforms mark progress but leave key policy questions unresolved, analysis finds
The European Commission’s December reforms to the Carbon Border Adjustment Mechanism (CBAM) represent a significant step in bringing the EU’s flagship carbon border policy into full operation, but major design questions remain unresolved, according to a new analysis.
Read MoreCLARIFICATION – France wants to ‘smooth the curve’ of EU ETS, sees market running out to 2050 -media
France is pushing to extend the EU ETS to 2050, according to government sources cited by French media.
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