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Carbon Border Adjustment Mechanism (CBAM)EU Emissions Trading System (ETS) 2021
European Parliament approves CBAM report but fails to take firm stance on Free Allocation

European Parliament approves CBAM report but fails to take firm stance on Free Allocation

The European Parliament has voted to approve an Own Initiative report on the Carbon Border Adjustment Mechanism (CBAM). However, parliamentarians have missed an opportunity in removing the call for the phase-out of free allocation from the final report. Despite the...

Carbon Border Adjustment Mechanism (CBAM)EU Emissions Trading System (ETS) 2021
Parliament Carbon Border Adjustment vote a welcome call for EU ETS reform

Parliament Carbon Border Adjustment vote a welcome call for EU ETS reform

The European Commission’s plan for a Carbon Border Adjustment Mechanism cleared its first hurdle today as the ENVI Committee of the European Parliament passed an own initiative report broadly supportive of the mechanism. The report regards a Carbon Border...

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