News and analysis on trade policy in Europe
Saturday, June 25, 2022
It’s been another big week in EU trade. The European Parliament has now a position on carbon border adjustment, and climate and labour conditionality in free trade agreements is about to get much much tougher. But there are even more big news – as seen below. By Rob Francis and …
The European Parliament today voted to continue to grant free allocation of CO2 emission allowances to exports from sectors within the scope of the European Commission’s proposed carbon border adjustment mechanism. The rebates would apply to exports destined for third countries without a carbon pricing mechanism.
The three largest political groups in the European Parliament last night struck a new provisional agreement on the proposed carbon border adjustment mechanism ahead of a crucial vote in next week’s plenary session in Brussels.
The European Parliament’s rapporteur on the EU’s proposed carbon border adjustment mechanism Mohammed Chahim today announced that he would be postponing the vote on his report, which was due to be held in the institution’s plenary this afternoon. The move came shortly after MEPs in Strasbourg had dramatically rejected their …
The attempt at building compromise positions between the environment committee and other political groups last week ahead of today’s vote on on a range of climate measures – including the EU’s carbon border adjustment measure – has failed. At today’s plenary session MEPs failed to adopt CBAM and referred it …
Centre-right Members of the European Parliament and industry lobbyists are actively trying to overturn much of the environment committee’s report in the run-up to Tuesday’s vote in the institution’s plenary in Strasbourg on the European Commission’s proposed carbon border adjustment mechanism.
The European Parliament’s environment committee today voted for the scope of the European Commission’s proposed carbon border adjustment mechanism to be enlarged and for the timeline for the phase-in of the scheme to be brought forward and shortened. MEPs in the lead committee in the dossier also voted to expand …
A “progressive majority” of MEPs in the European Parliament’s environment committee this week backed a shorter and earlier phase-in of the European Commission’s proposed carbon border adjustment mechanism, a levy on CO2 on a range of imported products.
The latest in EU trade policy news: new restrictions on steel from South Africa and MEP calls to restrict more product trade linked to deforestation and give industries a free pass – at least for a time – as CBAM gets rolled out. By Rob Francis and Iana Dreyer.
This episode looks at the climate crisis, and specifically the trade policy response to the push towards net zero in Europe and around the world. A whole market infrastructure has been created in Europe and elsewhere with carbon emission allowances being bought and sold as a way of taxing high-emission …
