CBAM

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UK should avoid having CBAM applied to it – experts

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

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EC studies the potential CBAM extension to processed products

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

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Britain considers new terms for UK ETS free allocation

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

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European stainless steel producers point to CBAM problems

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

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British steel industry calls for faster implementation of CBAM analogue

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

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EU companies prepare for full implementation of CBAM in 2026

Business studies the specifics of the mechanism and accelerates decarbonization efforts

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India considers alternative markets amid CBAM implementation

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

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UK should take into account exporters’ views on its own CBAM – IISD

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

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India criticizes EU proposal for carbon tax for its industry

The country considers this plan unacceptable and harmful to its economic interests

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Malaysia needs its own CBAM analog

The country's government is considering introducing a price on carbon emissions exclusively for steel industry

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Proliferation of CBAM analogs could affect Brazil’s exports – IISD

The main concern that the mechanism causes in the country is related to its role in global trade

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European CBAM will cost India 0.05% of GDP – analysts

Exports of goods to EU covered by CBAM accounted for 9.91% of India's total exports to the bloc in 2022-23

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