The French Presidency of the Council of the European Union (FPEU) submitted a compromise text on the Carbon Border Adjustment Mechanism (CBAM) to the EU-27 Ambassadors (Coreper) on Friday 4 March. In the European Parliament, the report by Mohammed Chahim (S&D, the Netherlands) on CBAM is expected to be voted in plenary in June(see EUROPE B12862A3).
The text proposed by France is in line with the proposal made by the European Commission in July 2021 (see EUROPE B12762A5). Whether it is the...