EU Carbon Border Measure

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Lange: Nobody would accept a WTO that does not deliver a response to the pandemic

Iana Dreyer and Robert Francis talked to the European Parliament’s International Trade Committee Chair Bernd Lange on what’s next for transatlantic relations and for the World Trade Organisation. He also shared views on the EU’s carbon border adjustment mechanism and Generalised System of Preferences. We are now several months into …

EU Carbon Border Measure European Parliament Latest news

MEPs sharpen up their positions on the EU’s carbon border adjustment mechanism

In today’s first public exchange of views in the European Parliament on the European Commission’s proposed carbon border adjustment measure, MEPs raised issues related to competitiveness and jobs, the timeline for phasing out free allocation of emissions, the sectors covered by the proposal, and export rebates.

Canada and CETA EU Carbon Border Measure Latest news

IISD: Canada, EU should seek negotiated agreement on border carbon adjustment

Canada is preparing to introduce a carbon border adjustment measure whose contours are not yet known. Canada and the European Union vowed at a bilateral summit mid-June to “exchange on respective approaches to carbon pricing and WTO-compatible border carbon adjustments”. A think tank is now making concrete proposals on how …

EU Carbon Border Measure Latest news

Commission: CBAM “fully in line with international trade rules”

The European Commission says its proposed Carbon Border Adjustment Mechanism complies with the World Trade Organization rule-book. The proposed regulation obliges EU importers of cement, electricity, fertilisers, iron & steel, and aluminium from third countries to purchase annual emission allowances. Their cost will depend on the degree of emissions embedded …

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James Bacchus: The WTO simply must prove that it can do something, not just talk

James Bacchus spoke with Rob Francis about the European Union’s carbon border adjustment mechanism, trade in medicines and medical products, how the Biden Administration is progressing on trade policy – and the World Trade Organization in all this.