Environmental Studies and Forestry

Climate action in the making: business and civil society views on the world's first carbon border levy

A. Buylova, M. Fridahl, et al.

Discover how European businesses and civil society view the proposed Carbon Border Adjustment Mechanism (CBAM) in this intriguing study conducted by Alexandra Buylova, Mathias Fridahl, Naghmeh Nasiritousi, Indra Overland, and Gunilla Reischl. The findings reveal general support for CBAM while highlighting significant concerns regarding its design and implementation.

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Abstract

Carbon border levies have been suggested as an important tool for ramping up climate action. This article analyzes the views of European business and civil society organizations (276 respondents) expressed in the EU's public consultation on the proposed Carbon Border Adjustment Mechanism (CBAM). The findings reveal general support for CBAM but significant divergence on its purpose, allocation of free allowances, sectoral coverage, exemptions, export rebates, and emissions scope. The study highlights the need for the EU to resolve these design issues to ensure CBAM's success.

Publisher

Climate Action

Published On

Jan 01, 2022

Authors

Alexandra Buylova, Mathias Fridahl, Naghmeh Nasiritousi, Indra Overland, Gunilla Reischl

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