‼️ Crunch Time ‼️
After months of negotiations, the @EP_Environment is voting on #CBAM today.
What's on the table? 👇
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.
➔ 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.
➔ Extra financial support for Least Developed Countries.
➔ A gradual phase-out of free allowances by 2030.
➔ Strong anti-circumvention measures.
➔ Three review moments to guarantee the functioning of CBAM.
➔ Three review moments to guarantee the functioning of CBAM.
The @EP_Environment has the chance to send off a strong signal today! 👊
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