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CBAM and the Fracture of Global Industrial Trade

Discussed topics Is CBAM really incentivizing third countries to decarbonise, like the EU claims? Dual production streams vs. Complete trade shifts The Chinese case study and its outlook on trade relations with the EU An introduction to two critically different approaches to alleviating commercial disputes: Carbon pricing Integration vs. Segregation   What are Dual Product […]

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Who must file the report? Defining the CBAM Role

With the first reporting deadline for the Carbon Border Adjustment Mechanism (CBAM) literally around the corner, due on January 31st, it is crucial for importers and representatives to clearly determine who bears the responsibility for submitting the CBAM report, both in the short and in long term. Before diving into the main topic of this

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Still did not submit your CBAM report?

Why CBAM? As the first reporting deadline of the EU Carbon Border Adjustment Mechanism (CBAM) on January 31st, 2024, rapidly approaches, businesses in the EU are gearing up to meet this new regulatory challenge. CBAM is a pivotal moment in worldwide climate-related policy initiatives, as companies importing certain commodity goods into the EU must report

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The Rise of International Carbon Taxation

Introduction Since 1988, scientists have been sounding the alarm on climate change and its potentially catastrophic consequences. Yet, international political efforts have largely failed to bend our emission trajectory. Multilateral agreements such as the UNFCCC, the Kyoto Protocol and the Paris Agreement were important steps forward, but mostly only created a rising awareness of a

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CBAM: 4 key pillars of preparation

Introduction The European Union’s Carbon Border Adjustment Mechanism (CBAM) represents a bold step towards climate-conscious trade and production. Its objectives aim not only to reduce carbon leakage but also to establish a fair global carbon market. However, as a complex unilateral administrative framework, the CBAM places significant reporting requirements on the industries it covers, presenting

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CBAM: Navigating the Why, When and What

Key takeaways The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a crucial component of the EU’s strategy to achieve Europe’s legally binding net zero targets, avoid carbon leakage and incentivize international decarbonization. It will primarily affect importers and manufacturers in industries such as cement, fertilizer, iron, steel, aluminum, hydrogen, and electricity production. Since its

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