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