CBAM — latest ecology news

The European Commission has published rules on CBAM reporting
The European Commission has published rules on CBAM reporting

CBAM will have far-reaching impacts on global trade and the broader energy transition

India has urged the EU to recognize its carbon credit trading scheme
India has urged the EU to recognize its carbon credit trading scheme

India is exploring various options to counter the CBAM, including through the World Trade Organization

The EU found an unexpected way for Ukraine to recover damages from Russia for damage to nature
The EU found an unexpected way for Ukraine to recover damages from Russia for damage to nature

Compensation for eco-damages through CBAM will have a number of advantages

The European Commission supported the reform of the EU carbon market
The European Commission supported the reform of the EU carbon market

European steel association Eurofer has expressed concern about CBAM

Fit for 55: The European Parliament passed key laws to reduce greenhouse gas emissions
Fit for 55: The European Parliament passed key laws to reduce greenhouse gas emissions

CBAM will be phased in from 2026 to 2034 at the same rate as free allowances phase out

The steel industry pointed out the risks and gaps of CBAM
The steel industry pointed out the risks and gaps of CBAM

The carbon tax does not apply to scrap

Bosnia and Herzegovina found a way not to pay CBAM
Bosnia and Herzegovina found a way not to pay CBAM

Entrepreneurs united for the sake of the future of their mainly export-oriented companies

China can challenge the CBAM in international trade courts
China can challenge the CBAM in international trade courts

China has opposed the carbon tax for years

Taiwan plans to introduce a fee for carbon emissions from 2024
Taiwan plans to introduce a fee for carbon emissions from 2024

Taiwanese steel exporters are likely to have to pay the difference under the CBAM

CBAM can drive Asia-Pacific decarbonisation
CBAM can drive Asia-Pacific decarbonisation

About 10% of Southeast Asian manufactured goods exports to the EU are subject to CBAM

The UK plans to introduce its CBAM for some industrial sectors
The UK plans to introduce its CBAM for some industrial sectors

The UK has its own ETS emissions trading system since January 1, 2021

ETS and CBAM: how EU emissions trading rules will change by 2030
ETS and CBAM: how EU emissions trading rules will change by 2030

Overall EU ambitions to reduce emissions by 2030 compared to 2005 increased to 62%