CBAM has entered its transitional application period, which serves as a 'trial run' for the definitive application which starts on 1 January 2026. Between 1 October 2023 and 31 December 2025, importers of CBAM goods into the...more
The EU CBAM proposal signals a transformation of the European carbon pricing regulations. U.S. businesses with significant European operations, or with operations in emissions-intensive, trade-exposed industry sectors, should...more
Following the release of the European Commission’s proposal for a Carbon Border Adjustment Mechanism (“CBAM Proposal”) on 14 July 2021 as part of the “Fit for 55” legislative package aimed at reducing the EU’s greenhouse gas...more