The Carbon Border Adjustment Mechanism regulation is an import tariff that applies to the Iron and Steel industry importing products into the European Union.
As of August 2024, the CBAM targets highly carbon‑intensive industries, including cement, iron and steel, aluminium, fertilisers, electricity, and hydrogen. When fully phased in, over 50% of the emissions in ETS‑covered sectors can be captured. The European Commission will consider extending...
5.6 Iron and Steel sector --- 5.7 Aluminium sector --- (四)6 MONITORING AND REPORTING OBLIGATIONS ·向欧盟外的生产企业科普,使其执行与EU ETS相当的碳排放监测规则。 值得关注的内容: 6.1 Definitions and scope of emissions covered in the CBAM (1)6.1.1 Installation, production process and productio...
During the transition period from October 2023 to January 2026, the CBAM obligations is still only limited to reporting and will apply to goods with high chances of carbon leakage6 such as: Iron and steel Cement Aluminium Fertilisers Electricity Some downstream products containing iron and steel ...
The transitional phase of the EU Carbon Border Adjustment Mechanism (CBAM) started on October 1, 2023 and will run until the end of 2025. CBAM is a climate measure addressing carbon leakage and applies to all European importers of goods currently in scope (Iron and steel, aluminium, ...
On November 13th, a conference was held in Tokyo for representatives of the European Commission (EC) and Japanese industries to exchange opinions regarding CBAM. A representative of the Japan Iron and Steel Federation (JISF) participated in a seminar held on the same day. The JISF ...
The CBAM currently covers the import of certain cement, iron and steel, aluminium, fertilisers, electricity, and hydrogen products. The EU is planning to assess and potentially expand coverage of the CBAM by 2030, aiming to include over half of emissions in the EU ETS sectors by the full pha...
On 1 October 2023, the Carbon Border Adjustment Mechanism (CBAM) entered into application in its transitional phase. During the transitional phase, EU importers of electricity and certain types of cement, iron and steel, aluminium, fertilisers and hydrog
Iron and steel products covered by EU CBAM The CBAM regulation covers a wide array of steel products, from raw materials like agglomerated iron ores and concentrates to primary forms such as pig iron and spiegeleisen, and extends through a spectrum of steel forms including ferro-alloys, semi-fi...
In the implementing a regulation, then there are more specific rules on reporting and determining embeddedemissions. Maybe you have 50% steel and iron and 50% aluminium. Okay? You would have to check this with a CN code, under which sector it falls and then applies the rules. If under th...