Potential implications of the EU Carbon Border Adjustment Mechanism

  • Focus Area Climate Change Policies and Governance Climate Change Policies and Governance
  • Type Commentary
  • Date 22 March 2022
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Abstract

From 2023 onward, the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) will require importers to declare the embedded carbon emissions of electricity, iron, steel, aluminum, cement and fertilizers. The CBAM will ultimately transition into a carbon import tax, with the goal of resolving carbon leakages in the EU’s emission trading system (ETS).

Authors

Bertrand Rioux

Bertrand Rioux

Bertrand is a research fellow focusing on the impact of market regulation and liberalization in energy markets. An experienced energy systems… Bertrand is a research fellow focusing on the impact of market regulation and liberalization in energy markets. An experienced energy systems model developer (linear optimization and mixed complementary problems), he is working on developing the KAPSARC Energy Model (KEM) as a decision support tool for analyzing price regulation in energy economies. Bertrand has contributed to the development of KEM Saudi Arabia and is the lead developer of KEM China, studying the impact of government regulation in the coal, power and natural gas markets. He was previously employed as a research assistant at the Canadian Space Agency.

Dongmei Chen

Dongmei Chen

Fellow Dongmei is a Research Fellow at KAPSARC with a focus on energy trade, energy investment and regional energy cooperation. She… Dongmei is a Research Fellow at KAPSARC with a focus on energy trade, energy investment and regional energy cooperation. She has more than 20 years of experience in China’s energy and climate change policy development. Before joining KAPSARC, she worked at the Institute for Industrial Productivity (IIP) as a senior advisor and head of the China office, developing and disseminating best practices to improve industrial energy productivity. Before working at IIP, she worked at WWF China as director of the Climate Change and Energy Program, leading the design and implementation of the Low Carbon City Initiative in partnership with local Chinese governments and international networks. Before working at the WWF, she worked at China’s Ministry of Science and Technology, the Ministry of Water Conservation, and the Xinjiang Wind Energy Company.

Expertise

  • Energy Trade
  • Energy Investment
  • Energy Politics
  • Regional Cooperation

Publications See all Dongmei Chen’s publications

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