Addressing “Crunch Issues” in the EU CBAM: A Review of the ENVI Committee Rapporteur’s Draft Report

Addressing “Crunch Issues” in the EU CBAM: A Review of the ENVI Committee Rapporteur’s Draft Report

10 January, 2022

AUTHOR(S): Andrei Marcu,  Michael Mehling, Aaron Cosbey,

An assessment of the amendments suggested in ENVI draft report can only occur against the broader context and the challenges which the CBAM is intended to address. It is generally accepted that a new solution is needed to address carbon leakage in the EU, as asymmetrical climate policies under the Paris Agreement are very real and can impact competitiveness leading to carbon leakage.