The Carbon Border Adjustment Mechanism (CBAM) will come into effect in 2026. The costs it will generate for importers could be limited, according to a report by think tank Sandbag, published on Monday 3 June. Back in 2021, the think tank published a report with similar conclusions (see EUROPE B12780A8).
Among the various scenarios explored in this new document is the hypothesis that European producers will experience an increase in production costs with the abolition of free quotas, which...