login
login
Image header Agence Europe
Europe Daily Bulletin No. 12459
Contents Publication in full By article 27 / 37
SECTORAL POLICIES / Climate

Carbon border adjustment mechanism is not justified, according to Carbon Market Watch

In the opinion of Carbon Market Watch, the carbon border adjustment mechanism on which the European Commission is working is not necessary, since heavy industry has already been benefiting from free allowances under the ETS since 2005, which have led to windfall profits without any evidence of a proven risk of carbon leakage (company relocations).

The NGO stressed this on Wednesday 1 April in a position paper on the proposed instrument to protect European industry from unfair competition...

Contents

EU RESPONSE TO COVID-19
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
SECTORAL POLICIES
COUNCIL OF EUROPE
NEWS BRIEFS