Carbon Border Adjustment Mechanism Archives

EU to blunt China’s edge on steel, aluminium exports as proposed carbon tax could reach 21%: Goldman

The European Union’s move to implement the world’s first tax on carbon-intensive imports from 2026 could badly hit Chinese steel and aluminium makers, according to Goldman Sachs. The 27-nation bloc …

Carbon tax: How Chinese exporters must prepare to provide data ahead of the EU’s world-first emissions duty on imports

by Anas Siddiqui

Exporters of certain carbon-intensive products – including those in China – have six more months to set up systems to collect, calculate and report emissions data to help their European …

China’s manufacturers, exporters urged to speed up low-carbon transition as EU wields ‘trade weapon’ with import tax

by Walter Watson

Under the new mechanism, importers would have to pay the difference between the carbon emission price in the country of origin and that of domestic production in the EU. Due …