May 29 2024 50 mins 1
In this episode, Colin Church discusses the carbon border adjustment mechanism (CBAM) with Anushka Devaser and Gyles Scott-Hayward from WSP. They explain that CBAM is a way to put a fair price on carbon emitted during the production of carbon-intensive goods, with the aim of encouraging cleaner industrial production in non-EU exporting countries and preventing carbon leakage. The EU CBAM covers goods such as steel, aluminium, electricity, iron, cement, fertilizers, and hydrogen. The UK is planning to introduce its own CBAM from 2027 and a consultation is currently running.
Links:
CBAM
https://taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en
UK consultation
https://www.gov.uk/government/consultations/consultation-on-the-introduction-of-a-uk-carbon-border-adjustment-mechanism
Contact us at
[email protected] or visit www.iom3.org
Music:
Pamgaea by Kevin MacLeod
Link: incompetech.filmmusic.io/song/4193-pamgaea
License: creativecommons.org/licenses/by/4.0/
Links:
CBAM
https://taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en
UK consultation
https://www.gov.uk/government/consultations/consultation-on-the-introduction-of-a-uk-carbon-border-adjustment-mechanism
Contact us at
[email protected] or visit www.iom3.org
Music:
Pamgaea by Kevin MacLeod
Link: incompetech.filmmusic.io/song/4193-pamgaea
License: creativecommons.org/licenses/by/4.0/
