CBAM Expansion: Parliamentary negotiators want compensation mechanism to replace controversial emergency braking mechanism
Contexte has received compromise parliamentary amendments (here, here, and here) regarding a proposal to extend the CBAM tax on carbon-intensive imports.
According to them, in case of serious disruptions in the domestic market, CBAM's revenues can be redirected to help the affected sectors. This would replace the controversial article 27a, which provides for the temporary cancellation of the fee.
The amendments also increase to 277 product categories (CN codes) the list of 180 additional products that the Commission proposed to include in the scope of application.
For this new list, MEPs lowered the emission thresholds used to include products from 150 to 50 kilotons of CO₂ equivalent.
Another amendment concerns EU candidate countries facing an "urgent security situation" that makes on-site verification impossible — an indirect reference to war-torn Ukraine.
Such countries will be allowed to use standard emission values at no extra charge.
The amendments also envisage the application of CBAM to imports carried out through online stores.
They also aim to simplify reporting obligations for least developed countries and strengthen measures to prevent circumvention of legislation.
This draft can still be changed before the July 6 vote in the ENVI environment committee, but it must be adopted by an overwhelming majority of votes from the left to the center-right EPP groups.
Contexte.com