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Expert Analysis

EU, US Carbon Import Tax Proposals: What Cos. Must Know

By Warren Maruyama, Lourdes Catrain and Stefan Schroeder (December 6, 2021, 3:43 PM EST) -- On July 14, the European Commission presented its first official proposal to establish a carbon border adjustment mechanism, or CBAM, for the EU's Emissions Trading System, or ETS.[1] The proposal is part of the EU Green Deal, and is intended to further the Green Deal's goal of reducing the EU's greenhouse gas emissions by 55% relative to 1990 levels by 2030. ...

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