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Siddhartha Pal's picture
Chief Future Officer, Siddhartha Pal & Associates

Chief Future Officer (ESG, Sustainability); Board & CXO Support; Strategic CFO & Business Partnering (Value Creation, ERM, Investor Relation, Predictive Insights, Turnaround, Driving...

  • Member since 2023
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  • Mar 21, 2023

Proposed CBAM is an import tariff on carbon-intensive goods from abroad. It is applied as an import tax paid by the importer when products enter the European Union, specifically through the purchase of certificates representing embedded emissions in the goods. The cost of certificates will be based on the price of carbon in the EU ETS. By assigning such a carbon price to imports, the CBAM aims to level the playing field by taxing foreign production with less-stringent emissions regulations and reducing the risks of leakage

Julian Silk's picture
Julian Silk on Mar 21, 2023

Thank you for this post.  This is a very good and detailed analysis of the CBAM proposal by the EU.  The only thing that might be added is a note on WTO exceptions for health and the environment, which may be cited.  See

Siddhartha Pal's picture
Thank Siddhartha for the Post!
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