Importers into the EU of CBAM goods should be aware of their transitional reporting obligations under the new rules. By Paul A. Davies, Michael D. Green, and James Bee On 17 August 2023, the European Commission (Commission) adopted rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which begins … Continue Reading
By Paul A. Davies, Michael D. Green, and James Bee The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out. On 13 December 2022, negotiators from the European Parliament and European Council reached a provisional … Continue Reading
The outcome of the review may signal what climate-related laws and policies to expect in the UK in the coming years. By Paul A. Davies, Michael D. Green, and James Bee On 8 September 2022, newly appointed UK Prime Minister Liz Truss announced that Chris Skidmore MP, a Member of Parliament and former minister of energy and clean growth, … Continue Reading