CBAM - Latest news GMK Center

It is predicted that the details of the mechanism will not be announced until mid-2025

Competition on markets which do not have their CBAMs will rise as companies facing high CBAM payments in the EU will have to search other markets for sales

According to the Ministry of Economy, the negotiation process has already begun

This mechanism can become an incentive for joining the British ETS to the European one

The profile directorate of the European Commission is currently investigating the feasibility of such a step

The government plans to coordinate the reforms of the national ETS with the introduction of its own analogue CBAM

Leaders from the sector, in particular, talk about the difficulty of predicting the operation of the mechanism

Steel producers are concerned that dumped steel may be diverted to the country

Business studies the specifics of the mechanism and accelerates decarbonization efforts

Africa, Latin America and the Middle East are being studied as potential destinations

The mechanism proposed in the United Kingdom has certain differences from the European one