On Tuesday 15 December, the members of the European Parliament Committee on Industry, Research and Energy (ITRE) adopted a draft opinion by Jens Geier (S&D, Germany) on the future EU Carbon Border Adjustment Mechanism (CBAM) by a narrow majority (by 37 votes to 32, with four abstentions).
Instead of expressing a preference for one option over another (a mechanism mirroring the EU’s ETS, customs duties, a consumption tax, etc.), the ITRE Committee called on the European Commission to carry...