Announcement
16 May 2023
In May 2023, the European Union adopted the Carbon Border Adjustment Mechanism to tax a carbon price on certain imports of carbon-intensive goods.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
01 Jan 2026
Revocation date:
No revocation date
Internal taxation of imports
On 16 May 2023, the European Union published Regulation (EU) 2023/956 adopting the Carbon Border Adjustment Mechanism (CBAM). The CBAM requires certain importers to acquire certificates calculated bas...
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Related State Acts
25 Jan 2023
United Kingdom: HM Treasury announces the UK Carbon Border Adjustment Mechanism
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29 May 2024
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