Discover and read the best of Twitter Threads about #CBAM

Most recents (24)

❗️China’s official response to EU Carbon tariff #CBAM #OCTT

Exclusive news by Yicai news from the 5 & 7 June WTO trade policy review of the EU 🇪🇺

🇨🇳 delegate: “CBAM is regrettable and fails to comply with UNFCCC, Paris Agreement principles and WTO rules” Image
Yicai news: “China said such measures would discriminate against imported products and restrict market access, especially for products from”
Yicai news:
“China cited a recent study by the African Climate Foundation that said CBAM would cost African countries $25 billion a year.”
Read 7 tweets
@BABartusiak Ehhh, tyle tu wątków, a w większości diabeł tkwi w szczegółach, że aż nie wiem czy to nadają się na TT. Co mi się "wydaje"? Eurorealista euroentuzjasta? 1/27
@BABartusiak To Pan raczy tu prezentować idealistyczne oczekiwania wobec UE, która śmie nam nie przychylać codziennie nieba i wobec Niemiec, które już w ogóle nie powinny śmieć realizować swoich interesów przez UE 2/27
@BABartusiak To nawet w jednolitym państwie jak nasze, trudno szukać, by Lubelskie zabiegało, co by Wielkopolska miała dość na drogi, a Pomorskie by w Małopolsce było dość szpitali 3/27 Image
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Die klimaatbelastingen, CO2-heffingen, #CBAM hebben niets met milieu en ‘groen’ te maken; de corona-leningen moeten worden terugbetaald, u weet wel, om onder meer digitale identiteit te bouwen. Was in juli 2020 al aangekondigd!

De Europese commissie moet de regering van een Europese superstaat worden, met eigen middelen; daar gaat dit over. Hierdoor daalt de zeespiegel echt niet.… ImageImage
Meer over de ‘Own Resources’ beslissing van 2013 (!) hier. Zit enorme tegenstrijdigheid in. Als iedereen ineens heel klimaatbewust wordt en niks meer koopt, heb je ook die inkomsten niet. Daarom zal het milieu-effect dan ook gering blijken te zijn.…
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Today @ClimateZA released a discussion paper on Carbon Border Adjustment Mechanisms #CBAM… Thread 1/
#CBAMs are intended to impose a tax on imported products equivalent to the domestic cost of emission reductions i.e. to ensure consistency in carbon pricing of goods traded between different jurisdictions. 2/
EU has been debating different versions of #CBAM between the EU Commission, Parliament and Council, and in Dec 2022 reached agreement on common approach (although some details still need ironing out). 3/
Read 15 tweets
Time for a🧵on the EU's #CBAM (Carbon Border Adjustment Mechanism). Today, EU institutions reached an agreement on the CBAM. It will enter into force on 1 October 2023. What does this mean for #Africa?…
1) What is the logic behind the CBAM? The EU introduced ambitious decarbonization measures for its industry=> risk of carbon leakage (companies shifting production to more tolerant jurisdictions) => industrial exodus from EU with major socio-economic impact & no climate impact.
But what does the evidence say about this assumption? The European Commission's own assessment of the impact of the CBAM is not conclusive but theorizes that more ambition may result in more carbon leakage.…
Read 17 tweets
#cop27 CBAM side event about to start at the Morocco Pavilion, Area C Building 2. Featuring great experts galore, and me!
First up Tim Figures at BCG: seeing intensifying interest from business in what was once an academic concept. EU now probably bringing one in from 2026. No doubt that CBAM is really cutting through to boards of energy intensive multinationals in Europe and beyond.
TF: vmCBAM goes together with EUETS reform and impacts the competitive calculations and investment decisions of domestic producers. Importers interested in how to minimize their exposure. Clearest way is to reduce carbon content - this is unlike a border tax or tariff.
Read 44 tweets
1/ If we really want to fight the climate change and decarbonise the world, we need globally unified carbon price.

#CBAM is a good start but it won't be enough. Namely, when it comes to GHG emissions, there are no country borders. GHG emissions are global. #EUETS #OCTT
2/ Very strict environmental rules in one country can lead to carbon leakage (especially in heavy industry) and reduction in own production. This is often compensated by increased production and imports from countries that don't take environmental objectives so seriously.
3/ Good example is aluminum. CO2 intensity per tonne of aluminum produced in China is twice as much as in EU.

Lowering EU aluminum production and consequently importing more of it from China will indeed lower EU emissions. But sadly, as a result, global emissions will rise.
Read 4 tweets
‼️ Crunch Time ‼️

After months of negotiations, the @EP_Environment is voting on #CBAM today.

What's on the table? 👇
➔ A centralized system with one EU CBAM authority.

➔ The immediate inclusion of indirect emissions.

➔ A clear timeline for inclusion of all EU ETS sectors before 2030.
➔ Hydrogen, organic chemicals and polymers are added to the sectoral scope from the beginning.

➔ Extra financial support for Least Developed Countries.

➔ A gradual phase-out of free allowances by 2030.
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Let’s be frank: What Ukraine needs is not full EU membership (unrealistic today), but the prospect of greater access to the EU market, and that beyond the Association Agreement which underperformed.

How to attain that? 🧵

A thread on #Ukraine️EU after #EUCO
1. Ukraine's future into the EU should go beyond the narrow opposition:

Full membership vs Association Agreement

Neither of them would do justice to the emergency circumstances characterizing #Ukraine️' s demand nor the country's needs
2. The Association Agreement with the European Union - which originally triggered the Revolution and permanent war since 2014 - never delivered on its commercial promises with the EU benefiting more than Ukraine
Read 7 tweets
.@EU_Commission proposed a Carbon Border Adjustment Mechanism (#CBAM) as part of #Fitfor55. Aim: carbon leakage protection. Our Impulse shows how to tweak the proposal to create an effective CBAM & how #climateclubs & CBAM can work together to accelerate #industrytransition. 1/9 Our new impulse is out: Getting the Transition to CBAM Right
1️⃣ With higher EU climate targets, free allocation of CO2 allowances in the EU ETS is not a sustainable solution to solve #carbonleakage problem. #CBAM is the most credible alternative to free allocation. 2/9
2️⃣ With right objectives, #climateclubs can complement an EU #CBAM - climate clubs cannot replace EU carbon leakage tools as vast differences in climate ambition and policy are likely to prevail among potential climate club members, not to mention non-club members. 3/9
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Was bringt das #Klimajahr 2022? Hier ein kleiner Ausblick auf #IPCC Bericht Teil 2+3, #G7 & #G20, Klima-#Sofortprogramm, Bericht des Expertenrats @ERK_Klima, EU-#Fitfor55, #COP27, und, und, und...
Es gibt wieder viel zu tun! Ein 🧵1/n
2/ Das Jahr startet mit einer kritischen Bilanz für 2021 durch @AgoraEW: Der Anteil #Erneuerbarer am Stromverbrauch sinkt auf 42,3% und fällt damit zurück auf das Niveau von 2019. Die Emissionen stiegen ggü dem Corona-Jahr 2020 um 4,5%…
3/ Die offiziellen Zahlen für die Emissionen 2021 kommen am 15.3. vom @Umweltbundesamt und werden bis 15.4. durch den #Expertenrat für Klimafragen @ERK_Klima geprüft. Dann ist auch klar, welche Sektorziele verfehlt wurden und wo Sofortprogramme notwendig werden
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Today we sent our draft report on the legislative proposal to establish a carbon border adjustment mechanism (#CBAM) to the shadow rapporteurs.

The Commission proposal is an excellent starting point, but I see room for improvement in several areas.

First and foremost I want to thank everyone who reached out to me during these last months, to discuss #CBAM.

After careful analysis of reports, position papers, assessments, draft opinions etc, my team and I came the following conclusions and suggestions 👇

The scope of the CBAM should be broadened to organic chemicals, hydrogen and polymers.

These products have the right characteristics to be covered by CBAM, and technical complexities can be overcome.

Read 10 tweets
@EU_Commission presented its #ownresources proposal today. It lays out 3 new revenue streams to:
- repay EU debt #NextGenerationEU
- finance the #SocialClimateFund

A short thread on what it means for #EUETS contributions based on some initial rough calculations 🧵1/13
First things first. 3 proposed new revenue streams are:
- 25% ETS (1+2) revenues: ~12.5b/y
- 75% CBAM revenues: ~0.8b/y
- 15% residual profits from large, profitable multinational enterprises: ~2.5-4b/y

On #CBAM, this was obviously expected; still disappointing. Many (including @e3g) argue that revenues should flow back to vulnerable #LDCs through adaptation and mitigation finance.
@Europarl_EN also seems keen on this @MChahim @kvanbrempt @MalinBjork_EU @KarinKarlsbro 3/13
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FACTCHECK opinie #kernuitstap @Bart_DeWever in @destandaard…
Hier gaan we. Niet zeker of zinvol. Feiten lijken er niet altijd toe te doen. Tegelijk zoeken velen opheldering, en mss is het daarom toch nuttig. Lang draadje. 1/n
(Ik spring even over uitspraken over paars/groene regeringen - ben geen politicoloog) 2/n
CO2. Fossiel gas stoot per MWh idd veel meer CO2 uit dan nucleair (of zon/wind). Het klopt dat ETS extra uitstoot niet volledig neutraliseert. Grotendeels wel, maar door complexe werking MSR resteert moeilijk exact te schatten netto extra uitstoot.… 3/n
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President Macron speaking now outlining his intentions for France’s presidency of the Council of the EU, which starts 1 January.
Macron says he wants to set up a decision-making body for the Schengen Area like the Eurogroup for the Eurozone.

It would take decisions on emergency actions and Frontex missions at EU borders (a step toward EU external border management).
Macron says the suspension of EU budgetary rules for the pandemic needs to end, and EU states need to get back to convergence.

But “we can’t pretend like nothing’s happened”. Budget rules should be less stringent (a long time French ask).
Read 9 tweets
Hello again, #MCGConf2021CP! (If you didn’t join me earlier for Data Driven Support of Change Management, you should go check that out; my gif game was on point.) Let's take a closer look at one my favorite #CBAM diagnostic dimensions: Innovation Configuration Maps.
An Innovation Configuration Map (IC Map) is one of three diagnostic dimensions in the Concerns-Based Adoption Model (#CBAM), the framework I’m currently using to measure the implementation of @MCG_AUG’s new three-year curriculum. #MCGConf2021CP
An IC Map is ideally developed by the product owner or key stakeholders. Or, in the case of a complex innovation and/or rapid development, it can be constructed through observations of meetings, interviews, and document analysis by a tenacious researcher. #MCGConf2021CP
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Welcome! Join me for a journey into the choppy waters of data driven change management in health professions education. But buckle up! Institutional change is messy and hard to measure. We're in for a wild ride. #MCGConf2021CP
The commonality of innovations in #MedEd is change management (CM). CM is complex & multifactorial; it's a process rather than an event. CM can either ensure success or prevent adoption. So integrated evaluation & support is critical to implementing any innovation. #MCGConf2021CP
At @MCG_AUG, I’ve embedded collection & reporting of change management data into the implementation of our new 3yr curriculum. I used a framework developed by our keynote speaker, Gene Hall. Drs. Hall & Hord wrote the book on ed change: #MCGConf2021CP
Read 14 tweets
The #CBAM proposal was released almost 3 months ago. Various aspects of the proposal have been already discussed: impact on economy, int'l trade patterns, compatibility w/ WTO & Paris Agreement.

I’d like to highlight here a number of less discussed issues. (thread)
At the outset, let me point out that two main issues that in my view will determine the future of #CBAM in the Council and the Parliament have been somewhat discussed in the media, but in an insufficient and highly distorted way: free ETS allowances and export competitiveness. /1
Free allowances are an emotional issue. I won't focus on them here: I will address them separately in a few days. But I would like to emphasize that these two issues are insufficiently analyzed and the public discussion on them is distorted, so expect major surprises. /2
Read 83 tweets
An important voice in the debate about #CBAM and its compliance with WTO rules. Here, major critique from a leading expert on WTO law, James Bacchus. /Thread
First, let me just note that nothing I write below should be taken as my attempt to question Mr. Bacchus' interpretation of WTO law. He is a legend of WTO. Twice the chairman of WTO Appellate Body. An expert and authority like no other. Hats off. /1
To make a long story short, Mr. Bacchus notes four potential problems with CBAM. He sees potential violations of the following clauses of the GATT:
- art. I (Most Favored Nation);
- art. II (bound tariffs);
- art. III (national treatment); and
- art. XX (exceptions).
Read 37 tweets
With the #SofiaDeclaration, the 6 #WesternBalkans countries have committed to #climateneutrality in 2050. To achieve this, a #lignite phase-out for power production is needed, ideally by 2040. To support the debate, we have developed 6 pathways (THREAD). #EUGreenDeal 1/12 The Future of Lignite in the Western Balkans
Where do we stand today? WB-6 power markets consist almost exclusively of two generation technologies: #lignite and #hydro. The share of either source varies considerably between the countries. 2/12 The Future of Lignite in the Western Balkans
Finding 1: 90 % of #lignite power plants in the #westernbalkans was put into operation 30 or more years ago. 40 % of the capacities are older than 40 years. The power plant park is in urgent need of #modernisation. 3/12
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#unpostalgiorno dal trimestrale #ENERGIA 3.21
@palmisval Lettera da Bruxelles: The survival of the fit(test) for 55 (pp. 76-81)

#Fitfor55: “Chi ricorda il Clean Energy Package del 2016 sarà alle prese con un déjà-vu”

1/8… Image
L'ultima lettera da #Bruxelles non poteva che essere dedicata al #Fitfor55

@palmisval propone una versione ‘light’ dell’articolo su, evidenziando gli aspetti inediti dell’ultimo pacchetto di iniziative legislative UE

Per il gruppo dei Socialisti e Democratici “La transizione dovrà essere #giusta, o la transizione non ci sarà affatto”

Il Partito Popolare Europeo afferma: “Vogliamo la decarbonizzazione, non la deindustrializzazione”

Read 8 tweets
Thx to @Tim_L_Meyer for his thoughtful & honest response to my critique of @ChrisCoons & @RepScottPeters carbon border adjustment bill. Genuine debate is what US America needs & allows me to elaborate on why the C/P bill - & Tim - are wrong on law, politics & policy. A 🧵
First, and fundamentally, the professor and I disagree on the target of my critique. The core problem w the C/P bill isn’t the lack of a US carbon tax or a cap & trade scheme (an explicit price for carbon). The problem w the proposed policy is that it...
1⃣would only coincidentally – if at all - mitigate carbon leakage & CC

2⃣would tax the US economy w/o effectively combating carbon leakage, render it less competitive, and eventually decrease net employment
Read 28 tweets
Carbon border adjustment (CBA) corner:

After the release of the @EU_Commission's #CBAM proposal, Dem Congressmen Coons & Peters tabled a US CBA bill proposal that is so flawed that if adopted could irreparably poison transatlantic cooperation on carbon leakage & CC mitigation 🧵
In contrast to @toddntucker’s more than charitable reading of the Dem proposal, I argue that the bill

1⃣would do close to nothing to combat carbon leakage
2⃣would not stand the slightest chance of surviving the WTO legal test

3⃣has only two objectives: 1st, to protect US industry from fair import competition and, 2nd, to deter the EU from adopting its CBAM proposal as it stands;
4⃣deflects attention from a politically controversial piece of US policy homework: the adoption of a US price for carbon.
Read 18 tweets
Es braucht eine #Bauwende, sagen @Architects4F. Dazu gehört: Weniger bauen & auch: anders bauen. Künftig müssen mehr ökologische Baustoffe eingesetzt werden, um emissionsintensive mineralische Baustoffe zu ersetzen. Was steht dazu in den Bundestagswahlprogrammen der Parteien?
Kontext: Der Gebäudesektor spielt mit einem Endenergieverbrauch von 40% eine wichtige Rolle für das Erreichen der Klimaziele. Es muss in den nächsten Jahren vieles passieren: Steigerung der energetischen Sanierungsrate, Reduktion des Wärmebedarfs im Bestand, neue Heiztechnologien
Während der Fokus hier auf energetischen Aspekten liegt, blieb ein anderer Aspekt bisher oft außen vor: sog. graue Emissionen von Gebäuden, die etwa während der Konstruktion oder der Herstellung der Baustoffe entstehen.
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