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CBAM

A closer look at CBAM, the EU’s new external carbon tariff

Following the agreement on the EU’s new external carbon tariff CBAM, Ron Stoop, a Dutch political economist, takes a closer look at this new “Carbon Border Adjustment Mechanism”. He writes: “The Carbon Border Adjustment Mechanism (CBAM) is a new EU law that attempts to protect low-carbon production in Europe against ‘dirty imports’, which are often …

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“Developing economies hit hardest by EU’s carbon border tax”

In a new analysis, leading rating agency S&P Global warns that the EU’s external climate tariff CBAM, which stands for “Carbon Border Adjustment Mechanism” will hit developing economies the hardest. It explains: “Phasing in from 2026, CBAM will levy a carbon tax on imports of selected energy intensive materials and products into the EU, removing …

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