login
login

Europe Daily Bulletin No. 12895

22 February 2022
EXTERNAL ACTION / Trade/climate
Discussions on EU’s Carbon Border Adjustment Mechanism must take more account of WTO obligations, says Europe Jacques Delors Institute
Brussels, 21/02/2022 (Agence Europe)

The Europe Jacques Delors think tank is advising EU co-legislators to take into account compatibility with World Trade Organization (WTO) rules in a new policy paper on the Carbon Border Adjustment Mechanism (CBAM), which was published on Friday 18 February. 

In their opinion, free allocations under the Emissions Trading System (ETS) cannot continue once CBAM is in force. “This will be seen as double compensation for those industries receiving these free allowances”, which is illegal,...

Contents

EXTERNAL ACTION
SECURITY - DEFENCE
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
NEWS BRIEFS
Kiosk