- Polish Presidency and European Parliament reached a provisional agreement on CBAM simplification
- Agreement is part of the Omnibus I legislative package
- Regulation aims to simplify and strengthen the EU’s carbon border adjustment mechanism
- Proposal focuses on simplification and cost-efficient compliance without compromising climate goals
- Key components include a broader de minimis exemption for importers not exceeding 50 tonnes of imported goods per year
- New threshold replaces narrower provisions exempting goods of negligible value
- Agreement includes simplification measures for importers above the threshold
- Measures cover authorisation procedure, data collection, calculation of embedded emissions, emission verification, financial liability calculation, and claims for carbon prices paid in third countries
- Agreement reached on penalties and rules for indirect customs representatives
- Provisional agreement requires endorsement by the Council and European Parliament before formal adoption expected by September 2025
Source: etaf.tax
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
