The EU’s new CBAM regulation probably should fall within the scope of the NI protocol, in order to prevent carbon-intensive imports dodging the new levy by entering the EU market via NI.

However, it is not clear how this would function in practice.

cer.eu/insights/avoid…
AND … going off today’s leaked impact assessment, we assumed correctly. Image
These are some of the considerations/options that the EU will need to take into account in respect of its carbon-border adjustment mechanism (CBAM) and Northern Ireland:

cer.eu/insights/avoid… ImageImage
Also, on the CBAM and developing countries, this from the leaked EU impact assessment is both expected and makes me sad. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Sam Lowe

Sam Lowe Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @SamuelMarcLowe

4 Jul
Enough of the sausages stuff, if the UK really wants to pick a fight with the EU/France, this is how you do it.
Rename cheddar cheese Feta, just because you can.
Read 4 tweets
17 Jun
So unless I’m misunderstanding the UK-Australia AIP, it’s not actually duty and quota free. Long-grained milled rice being the last bastion of protectionism:
Don’t mess with Big Long-Grained Milled Rice.
This has intrigued me.
Read 4 tweets
4 Jun
I have done a very interesting chart.
Guess which countries' exports are most exposed to the EU's CBAM
1. Russie
2. UK (!!)
3. Turkey Image
Read 4 tweets
28 May
A related story: When Raab banned UK officials from attending EU meetings in the run up to Brexit, Scottish officials kept going to some anyway.
On the UK presenting a united front thing, another related story: I remember witnessing a load of ERG MPs turn up in Warsaw in a last ditch attempt to convince the Polish government to veto any UK request to extend article 50.

The good ol’ days
Read 4 tweets
28 May
The day is finally with us: preference utilisation rates are in the news.
Or why a duty-and-quota-free free trade agreement does not automatically equal tariff-free trade.

(Rules of origin, obv.)
If you’re actually interested in preference utilisation rates - here’s something I wrote about them in 2016:

medium.com/@SamuelMarcLow…
Read 4 tweets
19 May
Gah - should have covered this in my newsletter.

Imports of food under an Australia-UK trade agreement wouldn’t qualify for tariff-free trade into Northern Ireland (until maybe EU also has an FTA) because the tariff differential between the EU and UK tariff will be > 3%.
And I’m not sure DIT economic analysis on regional impact takes this into account ...
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(