CBAM and Renewable Energy: A Catalyst for Green Transition?
CBAM and Renewable Energy: A Catalyst for Green Transition? The Carbon Border Adjustment Mechanism (CBAM) is more than just a trade policy—it’s a potential game-changer for the global energy landscape. By imposing a carbon cost on imported goods, CBAM could accelerate the adoption of renewable energy worldwide. But how exactly does this mechanism work, and […]
CBAM certificates : Process, Requirements & Benefits
This mechanism aims to level the playing field between European and non-European companies by imposing a carbon cost on the latter. Industries that export carbon-intensive goods to the EU are required to comply with CBAM, including obtaining CBAM specifications. For businesses seeking to engage in trade within the EU while remaining compliant with its regulations, comprehension of the […]
CBAM and the Future of Carbon-Intensive Industries
The Carbon Border Adjustment Mechanism (CBAM) is set to transform the landscape for carbon-intensive industries like steel, cement, chemicals, and aluminum. As the EU rolls out this policy to combat carbon leakage, businesses in these sectors must innovate or risk losing their competitive edge. Let’s explore what CBAM means for these industries and how they […]
The Role of CBAM in Achieving Net-Zero Goals
The race to net-zero is on, and the Carbon Border Adjustment Mechanism (CBAM) is emerging as a game-changer in the global effort to combat climate change. But what exactly is CBAM, and how does it align with the world’s net-zero ambitions? Let’s dive in. What is CBAM? CBAM is a policy tool introduced by the […]
CBAM vs. Carbon Tax: Key Differences and Global Implications
CBAM vs. Carbon Tax: Key Differences and Global Implications The fight against climate change has brought carbon pricing mechanisms into the spotlight. Two of the most discussed tools are the Carbon Border Adjustment Mechanism (CBAM) and Carbon Taxes. While both aim to reduce greenhouse gas emissions, they operate differently and have unique global implications. Let’s […]
Emissions Reporting – Mandatory or Not?
The landscape of corporate sustainability reporting is rapidly evolving, with increasing focus on Scope 3 greenhouse gas (GHG) emissions. This newsletter clarifies the current status of mandatory Scope 3 emissions reporting and explores the implications for businesses. What are Scope 3 Emissions? Scope 3 emissions are indirect GHG emissions that occur in a company’s value […]
