The European Centre for International Political Economy (ECIPE) published its position on the Carbon Border Adjustment Mechanism (CBAM) on Wednesday 3 November. The author of the report, ECIPE director Fredrik Erixon, believes that the current form of the CBAM “is not good enough”.
In his view, the instrument designed and published by the Commission in July (see EUROPE B12762A5) will not be sufficient to encourage third countries to implement a carbon pricing system. The sectors...