What the EU’s new border adjustment regime is about – an overview
- The “Carbon Border Adjustment Mechanism” aims to price greenhouse gases from imports in the same way as products manufactured in the EU area.
- In perspective, the costs of emitting emissions will increase significantly by 2034, because the free allocation of emission certificates currently being practiced will expire.
- Conversely, the CBAM is intended to ensure that local manufacturers have the same competitive opportunities as their third-country competitors with regard to greenhouse gas costs.
Source EY
Latest Posts in "European Union"
- EU ViDA Implementation Strategy: Six Implementing Acts Shaping DRR, VIES and OSS Roll-Out (2027–2030)
- Comments on ECJ C-603/24 (Stellantis Portugal) – Transfer pricing and VAT: Court confirms in Stellantis that not every true-up constitutes a service
- Agenda of the ECJ/General Court VAT cases – 3 Judgments till June 25, 2026
- EGC VAT Case T-231/26 (Agenzia delle Entrate Direzione Provinciale Genoval) – Questions – VAT deductibility of general expenses for auctioneers under margin scheme
- EGC VAT Case T-232/26 (Appellant_1 Srl ) – Questions – VAT deductibility of general expenses for auctioneers under margin scheme
