The European steel industry receives free allocation under the EU ETS on the basis of five product benchmarks (coke, sinter, hot metal, electric arc furnace-EAF ...

The EU's Carbon Border Adjustment Mechanism (CBAM) is the EU's tool to put a fair price on the carbon emitted during the production of carbon intensive goods ...

2) The CBAM is based on carbon performance benchmarks. Ideally, the carbon intensity of each product would be measured and accounted for as it enters the ...

So, what is the aim of the CBAM? Prevent carbon leakage to ensure effectiveness of EU climate policy. Contribute to decarbonisation globally ...

This system sets the benchmark for carbon pricing within the EU. By aligning tariffs to the ETS, CBAM ensures that the carbon price on both domestic products ...

13 авг. 2024 г. · The EU CBAM applies to imports of certain goods to the EU, impacting producers exporting these goods to the eurozone – including those exporting from the ...

11 дек. 2023 г. · The CBAM covers only goods from certain sectors. Hydrogen, ammonia, and green steel are PtX products covered by the CBAM regulation, e-fuels are ...

11 мая 2024 г. · These allowances are allocated based on benchmarks tailored to specific sectors and products, ensuring uniformity across various installations.

Therefore, the CBAM should be seen as an instrument to strengthen rather than weakening the carbon leakage framework, by complementing it with full benchmark ...

28 июн. 2024 г. · The European Union's Carbon Border Adjustment Mechanism (CBAM) will create both opportunities and challenges in many sectors.