Related Articles
Business is seeking protection from countries with less stringent controls on carbon
Forward article link
Share PDF with colleagues

EU border carbon tariff set for long battle

Industry is pushing for carbon tax on imports while enjoying free allocations

EU lawmakers have set the stage for a prolonged struggle over proposals to implement a border carbon adjustment mechanism (BCAM), as industry lobbies fight to preserve the exemption from paying for credits under the EU Emissions Trading System (ETS) that has saved them billions of euros in costs. The critical issue is whether the implementation of a tariff on carbon-intensive imports would mean EU industrial companies are also required to pay for their emissions. c.50pc – Share of total EUAs provided free to industry The European Parliament’s environment committee approved a report in February that called for a BCAM to be implemented by 2023 that would cover the power and energy-



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
South Africa’s energy sector and the just transition
27 October 2021
Continuous engagement by stakeholders crucial in ensuring energy sector is sustainable while also managing social impacts of shift
Aker advances plan to launch €1bn energy transition fund
27 October 2021
Norwegian company also unveils plan to form green industrial hub at site north of Arctic Circle
Big potential seen for CCUS in Southeast Asia
27 October 2021
Technology uniquely positioned to support region’s decarbonisation of power generation and gas processing, conference panellists say
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video