John Carruthers — Green, member of the European Parliament and steel market analyst, will help "overcome" the uncertainty of CBAM by providing another opportunity to listen to the popular CBAM webinar."The transition from politics to pricing."
Following a positive response to the webinar, initially organized in partnership with CBAM compliance specialist IACBAM, earlier this month, Carruthers—Green will re-host its interactive online presentation at 10 a.m. (GMT) on February 20.
The free webinar uses an analysis of European Commission documents conducted by MEPs to provide insight into how CBAM taxes based on emissions increase the cost of steel imports into the EU. It also provides participants with access to a live Q&A session, giving them the opportunity to fill in any gaps in their knowledge.
Carruthers—Green, a regular contributor to the MEPs' monthly podcast "Talking about Steel," said: "The level of engagement in the initial webinar showed how much demand there is for practical information about CBAM. We are repeating the session to give more companies an opportunity to understand how policy is already affecting steel import costs and pricing decisions."
Register for the CBAM webinar "From Politics to Pricing" to learn about:
- How will the introduction of CBAM taxes affect the steel supply chain in the EU
- The impact of EU carbon prices on importers' CBAM costs
- Using verified emissions data from overseas factories to reduce costs
- Recent proposals that can bring flexibility to CBAM administration
From January 1 of this year, CBAM taxes based on emissions will be applied to all steel imports shipped to the EU. Importers will submit CBAM certificates for taxes in September 2027.
However, taxes calculated using the European Commission's high default emission values for steel production in specific countries make many long-standing sources of imports unviable. Meanwhile, the timing of the Commission's review of actual emissions from foreign manufacturers, which could lead to significant tax cuts for CBAM, remains unclear.
Carruthers—Green said that one of the main goals of the CBAM webinar is"The shift from policy to prices" was to ensure that market participants became well informed about CBAM and its associated costs, reducing uncertainty.
He said, "CBAM is the first policy of its kind to directly incorporate carbon prices into imports, so a certain degree of uncertainty is inevitable. This is a real political experiment, and many companies are still operating.
