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EnergyCents

EnergyCents- Adjustment bureau: CBAM aims to level playing field for EU industries (Ep 163)

26 Sep 2024

Description

Europe's Carbon Border Adjustment Mechanism (CBAM) now requires its trade partners to declare the carbon content associated with production of imported goods including iron, steel, aluminum, cement, fertilizer, hydrogen, and electricity. Trade partners will be asked in 2026 to buy CBAM certificates for these specified goods to access European markets.  S&P Global Expert Coralie Laurencin joins EnergyCents with hosts Hill Vaden and Sam Humphreys to discuss CBAM's recently begun transitional period and how policy makers expect it to support decarbonization ambition and increase the competitiveness of European industry.   Learn more about S&P Global Commodity Insights energy coverage at: https://www.spglobal.com/commodityinsights/en  

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