Podcasts about carbon border adjustment mechanism cbam

In February 2025, the European Commission launched an omnibus initiative to reduce administrative burdens on businesses, and provide more harmonisation within the European market. It also aims to make EU industry more competitive.Several regulations are covered by the package. The Corporate Sustainability Due Diligence Directive (CSDDD), the Corporate Sustainability Reporting Directive (CSRD), and the EU Taxonomy will all see major changes. The Carbon Border Adjustment Mechanism (CBAM) has also been slightly amended.These new measures are designed to enhance Europe's global competitiveness by alleviating regulatory pressures on businesses, potentially saving companies billions of euros. For instance, the CSRD has been reduced in scope, now affecting only companies with over 1000 employees.However, the proposal has sparked controversy. Critics argue that loosening these regulations could undermine corporate accountability and hinder progress toward the EU's climate goals. Some stakeholders also argue that SMEs have not been sufficiently included in the consultation period leading to the publication of the package, as opposed to big corporations who have contributed widely.Listen to this Euractiv Virtual Conference to discuss what the omnibus package means in practice, how it affects European SMEs, and how it can impact the EU's sustainability credentials. Questions to be addressed include:- What does the revision of the CSDDD, CSRD, and EU taxonomy mean concretely? How will it impact European manufacturers?- Are the updated regulations implementable and manageable for companies of all sizes across Europe?- What are the challenges that European SMEs could face with the new omnibus?- How would supply chain due diligence requirements be impacted? What can be expected in terms of European competitiveness?- Can it be expected that the omnibus will be fully implemented in its current form?

In this podcast, Hasan Muslemani speaks to Dan Maleski about developments around the EU's Carbon Border Adjustment Mechanism (CBAM), specifically discussing how the mechanism would be enforced in practice and concerns that importers into the EU and exporters in non-EU countries have. The podcast also reflects on on-going policy changes in CBAM that are aimed […] The post OIES Podcast – Carbon Border Adjustment Mechanism (CBAM) appeared first on Oxford Institute for Energy Studies.

The European Union’s carbon border tariff arrives in January. An architect of the plan discusses its impact on trade, competition, and climate. --- On January 1, 2026, the European Union will launch its Carbon Border Adjustment Mechanism (CBAM)—the world’s first carbon tariff on imported goods. Designed to support the EU’s ambitious decarbonization goals, CBAM will impose a carbon fee on imports such as steel, aluminum, and fertilizers, while seeking to ensure the competitiveness of European industries. In this episode, Mohammed Chahim, the European Parliament’s lead negotiator on the carbon border fee, breaks down how CBAM will work, its role in the EU’s broader climate strategy, and what it means for global trade. He also discusses how the tariff could affect exporters to the EU, including the United States, and how policymakers aim to navigate potential trade disputes. Dr. Mohammed Chahim is a Dutch member of the European Parliament and its lead negotiator for the EU’s Carbon Border Adjustment Mechanism (CBAM). Related Content Has Europe’s Emissions Trading Scheme Taken Away a Country’s Ability to Reduce Emissions? https://kleinmanenergy.upenn.edu/research/publications/has-europes-emissions-trading-scheme-taken-away-a-countrys-ability-to-reduce-emissions/ Closing the Climate Finance Gap: A Proposal for a New Green Investment Protocol https://kleinmanenergy.upenn.edu/research/publications/closing-the-climate-finance-gap-a-proposal-for-a-new-green-investment-protocol/ Senator Sheldon Whitehouse on the Rising Prospects for a U.S. Carbon Border Fee https://kleinmanenergy.upenn.edu/commentary/podcast/senator-sheldon-whitehouse-on-the-rising-prospects-for-a-u-s-carbon-border-fee/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.eduSee omnystudio.com/listener for privacy information.

Europe's petrochemical sector will need to see bold moves in the EU's Clean Industrial Deal to help reverse its decline.-          May be a conflict between aim of making Europe more competitive and environmental goals-          Europe is in the “last chance saloon” to halt deindustrialisation-          Europe industry burdened by high cost of energy, CO2-          Improved connectivity for renewable power will be essential for chemicals-          Reform of Carbon Border Adjustment Mechanism (CBAM) welcome if it really protects local manufacturing -          Huge investment needed to make a low carbon future a reality-          ICIS forecasts depressed operating rates for global ethylene, propylene to 2035-          EU should focus on increasing tariff barriers, defence spending-          Clean Industrial Deal should be welcomed as a direct response to Antwerp Declaration -          Deal will be published on Wednesday 26 February 

De Europese duurzaamheidswetgeving wordt steeds strenger, met als belangrijke ontwikkelingen de ontbossingsverordening (EUDR) en het Carbon Border Adjustment Mechanism (CBAM). Deze regelgeving heeft als doel om de negatieve impact van productie en handel op het milieu te verminderen en gelijke concurrentievoorwaarden te creëren tussen Europese en niet-Europese bedrijven. In deze RB Podcast duiken we in de effecten van deze en andere duurzaamheidswetgeving en de uitdagingen voor het MKB. Hoe kunnen belastingadviseurs proactief inspelen op deze veranderingen en hun klanten ondersteunen in een snel veranderende wereld? We horen het van Rianne Jorritsma, adviseur bij Customs Knowledge in Heerenveen. In gesprek met Sylvester Schenk, directeur fiscale zaken van het RB en de vaste host van de RB Podcast.Regelmatige luisteraar van de RB Podcast? Laat ons weten wat je er van vindt én stuur ons suggesties voor nieuwe afleveringen

Demand for low-carbon aluminium has grown in recent years, and Argus has launched a new assessment for a low-carbon upcharge in Europe to track this still-nascent market. But significant challenges remain for the market to generate sustained liquidity and it may require the introduction of more regulation before it can evolve further. Ronan Murphy, Editor of Argus Non-Ferrous Markets, spoke to Argus' Associate Editor and senior aluminium expert Jethro Wookey to explore where the low-carbon aluminium market is now, where it may go, and how primary aluminium producers are also seeking to increase sustainability of their product through increased use of scrap metal.     Key topics covered in the podcast: Growth in demand for low-carbon aluminium and the barriers in place to more rapid uptake Wil the Carbon Border Adjustment Mechanism (CBAM) drive greater liquidity in the European low-carbon aluminium market from 2026? Is the market increasing scrap consumption and can processing capacity keep up with demand?

The IMF has kept our growth forecast for the current fiscal year unchanged at 4.1% in its updated World Economic Outlook.President Sisi met his Russian counterpart Vladimir Putin on the sidelines of the Brics Summit, which kicked off in Kazan yesterday. The conversation centered around Egypt's role in the bloc, bilateral relationship, and regional and international issues.El Sisi made a case for using the Brics platform to find workarounds for external trade restrictions that hamper intra-bloc trade, particularly that between Egypt and Russia.The Ministry of Civil Aviation has completed the final phase of the technical study and timetable for offering a number of EgyptAir Holding Company affiliated companies for management and operation.The government will work to localize the manufacture of 12 products selected by the ministries of housing and industry. Africa-focused and London-based PE outfit Helios Investment Partners is looking into acquiring stakes in another three Egyptian companies, the company's consumer and healthcare head Raed Barkatis said. LG Electronics Egypt intends to launch a new line for producing refrigerators at its factory in 10th of Ramadan City with investments of no less than USD150 million.The government is working on a plan to help Egyptian industry adjust to meet the EU's new standards, the Carbon Border Adjustment Mechanism (CBAM), which is set to fully go into effect starting 2026, to safeguard Egypt's export competitivenessThe FRA has released a circular outlining new regulations for securitization activity, to protect those who invest in securities and ensure the market operates efficiently. SUGR released 3Q24 financial indicators, reporting bottom line of EGP214 million in 3Q24 (-32% YoY, -70% QoQ), reflecting a NPM of 19% (+3.4pps YoY, -116.5pps QoQ). The sequential drop-in bottom-line performance is attributed to the high base effect of 2Q24, which was significantly impacted by investment income and other income, accounting for 61.4% of total income for that quarter. On 9M basis, net profit recorded EGP1,154 million (-17.8% YoY) with NPM of 50% (+24.5pps YoY). SUGR is currently trading at 2025f P/E of 5.7x and EV/EBITDA of 4.9x.EGAL's general assembly approved the distribution of a cash dividend of EGP7.0/share for FY23/24, implying a payout ratio of 31% and a dividend yield of 6%. HELI's board approved the final price to acquire the 52k sqm Mansoura land plot for EGP2.2 billion. HELI had already previously paid EGP2.0 billion as a deposit, leaving EGP202.4 million as the remaining amount to be paid.Khalda Petroleum, a JV between US oil producer Apache and EGPC, will allocate USD70 million of its planned USD1.3 billion in investments earmarked for the current fiscal year to launch a new diesel production project.

Met de invoering, vorig jaar, van het Carbon Border Adjustment Mechanism (CBAM) wil de Europese Unie z'n eigen uitstoot verder verlagen, ‘koolstoflekkage' voorkomen en zo een gelijk speelveld voor Europese bedrijven garanderen. Is die CBAM na het Draghi-rapport, steeds meer handelsconflicten én deglobalisering nog wel de oplossing? Ik vraag het Mohammed Chahim (PvdA), lid van het Europees Parlement en CBAM-rapporteur. Luister ook de aflevering met Diederik Samsom, september 2021: https://soundcloud.com/studio-energie/europa-klimaatneutraal-maken-met-diederik-samsom-kabinetschef-eurommissaris-frans-timmermans

The UK Metals Expo 2024 was the third consecutive year the whole of the UK metals industry came together under one roof at Birmingham's NEC. Join Tata Steel UK's Tim Rutter, Abi Thomas and Gareth Brookes as they catch up with industry experts to talk about the big topics around steel, its people and the path to a greener future. Topics covered in part two are the Carbon Border Adjustment Mechanism (CBAM), the UK scrap market and how we can extract the highest social value from the decarbonisation of steel. Watch this episode on YouTube: https://www.youtube.com/@TataSteelUK   Follow Tata Steel UK on social media: Twitter: https://www.twitter.com/tatasteeluk Facebook: https://www.facebook.com/tatasteeluk Instagram: https://www.instagram.com/tatasteeluk/ LinkedIn: https://www.linkedin.com/company/tata-steel-uk-ireland

"Trade has become much more complex, and it's become more complex for both government regulatory reasons, but also for business reasons that companies want to save money and they want to not have surprises in their product." - Tom Gould, Industry Expert In this insightful episode, we sit down with Tom Gould, a renowned expert in the global trade industry. Tom shares his extensive career journey, from automating law firms in the early days of the IBM PC to becoming a leading consultant and advisor in the world of international trade. Main Topics and Takeaways: 1. The Timeless Nature of Global Trade - Tom Gould draws parallels between the trade practices of Christopher Columbus's era and the modern supply chain, highlighting the fundamental aspects of global trade that have remained unchanged over centuries. - "Trade is an ancient industry, right? You can go back to the days of Christopher Columbus or the Silk Road, and really what was happening then international trade. And if we look at what was happening back hundreds of years ago in the way of international trade, and we compare it to what's happening today. Over the last few hundreds of years, things have operated very similarly." 2. The Evolving Regulatory Landscape - Tom discusses the growing focus on supply chain traceability, driven by initiatives like the Uyghur Forced Labor Prevention Act (UFLPA) and the European Union's Carbon Border Adjustment Mechanism (CBAM). - "If we look at some of the other initiatives that are out there that the governments are looking at, that the government agencies are looking at, whether it be a forced labor issue, free trade agreements, anti dumping, countervailing duties, or even things like environmental aspects." 3. Challenges in Sustainability and Recycling - Tom highlights the challenges companies face in ensuring the sustainability and ethical sourcing of their products, particularly in the apparel industry, where the recycling of materials has become increasingly difficult. - "The one that I, the one that I, I think about, is recycled. I don't know if you know, but clothing recycling no longer happens, or barely happens anymore. Why is that? Because the companies that bought the recycled material can no longer guarantee that no one fiber in their new in their product that was made with recycled material was made with forced labor." 4. Tom Gould's Expertise and Consulting Areas - Tom shares his top three areas of expertise: retail products, complex duties, and de minimis shipments, highlighting the depth of his knowledge and the value he brings to his clients. This episode provides a comprehensive look at the evolving landscape of global trade, with insights from an industry pioneer, Tom Gould. Listeners will gain a deeper understanding of the historical context, regulatory challenges, and sustainability concerns that companies must navigate in the modern trade environment. Tom's expertise and practical advice offer valuable guidance for importers, exporters, and anyone involved in the complex world of international trade. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Tom Gould - https://www.linkedin.com/in/tomgouldcustoms/  Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

In the sixteenth episode of 2024 presenter Ken Rundle has a discussion with partnership and Value Chain Manager Mark Tucker regarding Sustainability within Yara. The conversation goes into how consumer demands within Sustainability are continuing to grow, summary of the Carbon Border Adjustment Mechanism (“CBAM”) regulation, sectors which are implementing sustainability practices, and how Yara are making strides in reducing the Agriculture's industry Carbon Footprint with current on-going projects, digital tools and low-carbon fertilisers.  

In this episode, Erika Schiller talks with Wolfgang Brückner, Managing Director of First Climate, a company headquartered in Germany and Switzerland, dedicated to helping European businesses achieve their climate targets and meet compliance obligations. Listen as they explore the European Union's Carbon Removal Certification Framework and its connection with the Emissions Trading Scheme (ETS) and Carbon Border Adjustment Mechanism (CBAM). This framework is an exciting development that offers definitions and guidance for companies that aim to achieve net-zero. Wolfgang also clarifies how carbon removal initiatives can make a unique impact in the EU, especially given the region's current economic downturn and the layers of bureaucracy.  Subscribe to the ESG Decoded Podcast on your favorite streaming platforms and social media so that you're notified of new episodes. Enjoy tuning in! Episode Resource Links:  European Union Carbon Removal Framework: https://go.climeco.com/EU-Carbon-Removals  Emissions Trading Scheme (EU ETS): https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets_en   Carbon Border Adjustment Mechanism (CBAM): https://taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en  

We discuss with Prof. Harald Fadinger (University of Mannheim) how the EU taxes the carbon content of imported goods via its Carbon Border Adjustment Mechanism (CBAM). We critically review the effectivenes of CBAM to prevent "carbon leakage", i.e., the international reallocation of production to locations with low carbon prices, and its effect on the international competitiveness of EU firms. CBAM appears to perform badly on both of these and a number of other fronts. We also discuss alternative approaches for international carbon price adjustments, partly based on research by Harald and his coauthors: "Designing Effective Carbon Border Adjustment with Minimal Information Requirements. Theory and Empirics", by A. Campolmi, H. Fadinger, C. Forlati, S. Stillger and U. Wagner.

Hear Argus' analysis of what the Carbon Border Adjustment Mechanism (CBAM) is, how it will work and what it means for the fertilizer sector in Europe and abroad. We have recently entered the transition phase for CBAM, so this is a great time to join Mike Nash, Senior Editor and Claudia Wlk, Editor – Argus Fertilizer Europe as they discuss this subject in the latest episode of the Argus' Fertilizer Matters podcast series. Related links Argus fertilizer market coverage Ammonia price reporting, short and mid to long-term outlook services Nitrogen price reporting, short and mid to long-term outlook services Phosphates price reporting, short and mid to long-term outlook services NPKs price reporting, short and mid to long-term outlook services Request more information Free sign up: Fertilizer Focus Magazine Other complimentary fertilizer content

Geely has announced a fast-charging LFP battery which boasts an impressive 4.5C charging rate, enabling fast charging of up to 500 kW, marking another Chinese manufacturer stealing a march on Western producers. The UK has introduced a carbon tax legislation, soon to be further clarified, which is analogous to the EU's Carbon Border Adjustment Mechanism (CBAM). Angola has quit the OPEC organisation in a context of mediocre oil prices.

Patrick Bond, political economist, Professor of Sociology at the University of Johannesburg, and Director of the Centre for Social Change, expands on the first Global Stocktake produced at COP28. He criticizes the document's weak language of "transitioning away" from fossil fuels, which he says is a distraction from the need to phase out fossil fuels outright. Sanctions such as the Carbon Border Adjustment Mechanism (CBAM) to prevent carbon leakage were removed from the GST in the name of promoting global trade, another aspect Bond problematizes. He also addresses the BRICS+ divided approach toward Israel's bombardment of the Gaza Strip.

In deze Stibbe Legal Insights bespreken Sandra Putting en Jan Reinier van Angeren de aanstaande wijzigingen aan het Europese Emission Trading System (ETS) en de introductie van het Carbon Border Adjustment Mechanism (CBAM), een importheffing op CO2-intensieve producten om het ‘koolstofweglekrisico' te verminderen.Vanaf 1 januari 2024 zullen enkele wijzigingen aan het ETS impact hebben op bedrijven: zo zullen de scheepvaart, de luchtvaart en wegverkeer voortaan ook onder het ETS vallen, en zal het aantal gratis emissierechten stap voor stap worden teruggebracht. Het CBAM introduceert een heffing op het importeren van staal, ijzer, aluminium, cement en andere CO2-intensieve producten naar de Europese Unie en heeft als doel om een gelijk speelveld te creëren voor bedrijven binnen én buiten de EU die CO2-intensieve producten produceren. Aan de hand van praktische voorbeelden bespreken Sandra en Jan Reinier de belangrijkste wijzigingen en implicaties voor bedrijven.

In this episode, we unravel the intricacies of the Carbon Border Adjustment Mechanism (CBAM) introduced by the European Commission. From targeted industries to a two-phase implementation, we break down why CBAM matters and its impact on businesses. Explore critical deadlines, challenges, and practical steps for companies in the affected sectors. Tune in for key insights and ensure your organization is prepared to navigate the evolving landscape of carbon pricing in the EU.Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

The European Union (EU) has ushered in a new era of sustainability reporting, as the Corporate Sustainability Reporting Directive (CSRD) is now effective. With impacts to both EU and non-EU headquartered companies, now is the time to understand the reporting requirements of this sweeping new regulation. This week we zoom out to review the broader landscape of EU regulations. Introduced as a result of the European Green Deal strategic policy initiative, these regulations will have impacts on topics from carbon pricing, to foreign subsidy disclosures, to corporate governance, and more. In this episode, Heather Horn is joined by PwC Netherlands partners Niels Muller and Linda Thonen to review these regulations, and how they will impact entities that are in scope. In this episode, you'll hear:4:05 - Background on the European Green Deal6:42 - The Carbon Border Adjustment Mechanism (CBAM) and its impact to carbon pricing on EU imports16:25 - The Foreign Subsidies Regulation (FSR) and its interaction with the Inflation Reduction Act (IRA)23:29 - How corporate strategy and investment decisions are changing due to green regulations 34:53 - Legal risk management, and the role of directors and those charged with governance 41:15 - How CSRD scoping and reporting decisions impact compliance with other regulations45:15 - The proposed Corporate Sustainability Due Diligence Directive (CSDDD) and its far-reaching requirements47:16 - What companies can do today to prepare for upcoming regulationsLooking for more information on these EU regulations and their reporting requirements? Check out our publication European Union regulations beyond CSRD for further details. Additionally, follow this podcast on your favorite podcast app for future episodes in this CSRD spotlight series, and subscribe to our weekly newsletter to get all of our thought leadership.Niels Muller is a PwC partner based in the Netherlands specializing in energy transitions and sustainable energy. In this role he advises institutional investors, financial institutions, and utility companies as well as governments and non-governmental organizations on sustainability and tax projects.Linda Thonen is a PwC legal services partner based in the Netherlands specializing in corporate and sustainability matters. With over 15 years as a legal practitioner, Linda's experience has centered around corporate law, corporate governance, with a focus on M&A and cross-border transactions. Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

As companies move forward with clean energy investments and decarbonization projects, many face questions about which of these projects qualify for tax incentives under the Inflation Reduction Act (IRA), and how best to utilize the act's credits and other green initiatives. In today's episode, Heather Horn welcomes back Matt Haskins, PwC principal, to discuss the latest IRS guidance for IRA initiatives, marketplace transactions, and further considerations for companies looking to take advantage of the IRA. In this episode, you'll hear discussion of:5:06 - Advanced energy project credits under IRS Section 48C, and the status of the current allocation of the $10 billion budgeted pool9:09 - Transferability and timing considerations of tax credits 12:07 - Choosing between investment tax credits and production tax credits14:55 - Risk of recapture of paid tax credits and relevant mitigating strategies23:53 - How a government shutdown would impact IRA initiatives27:59 - Market developments in the hydrogen production tax credit33:07 - The interplay between the IRA and European Union regulations, including the impact of the Carbon Border Adjustment Mechanism (CBAM)36:05 - The importance of evaluating decarbonization costs on an after-tax basisLooking for more information on the European Union's Carbon Border Adjustment Mechanism? Check out our previous podcast on how the CBAM may impact your company.Looking for more information on transferability of IRA credits? Check out our latest publication on accounting for IRA credits and our podcast on renewable energy credits for more information.Matt Haskins is a principal in PwC's Washington National Tax Services, where he leads the firm's Cleantech tax practice, focusing on renewable energy financing and M&A transactions. In addition to writing and speaking on issues in the renewable energy industry, Matt has co-chaired the energy and environmental taxes working group for the US Council on International Business and served as a delegate for key energy initiatives of the Organization for Economic Cooperation and Development.Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

Every Sunday, Gerard and Laurent debrief last week's news in the Energy Transition. On the menu:– Gerard at the World Economic Forum talks grid reorganisation and financing– Big capital operations (Brookfield, Quinbrook, Partners Group)– BYD on the heels of Tesla while GM sacks its CTO after a month– Norway goes 93% EV in September– Not sure if Carbon Border Adjustment Mechanism (CBAM) will be effective but bureaucracy certainly strives. CBAM: Corporate Bureaucracy At Maximum

India has an ambitious target to double the steel production capacity by 2030 from current levels. While the steel industry gears up for this expansion, concerns of higher carbon emissions loom large amid India lacking a distinct roadmap for decarbonization and its carbon neutrality target set as far ahead as 2070. At the same time, Europe is gearing up to implement the Carbon Border Adjustment Mechanism (CBAM), which is expected to affect the sources and prices of steel imports. How is Indian steel industry going to be impacted by CBAM and how is India faring in its decarbonization journey? S&P Global Commodity Insights Senior Editor covering the Asia ferrous metals market, Rituparna Nath spoke with Rohan Somwanshi, Managing Editor for Asia Metals News, Agamoni Ghosh, Managing Editor of the Global Compliance Carbon markets and Paul Bartholomew, Senior Metals Analyst to discuss. Related content: How is Europe's steel industry rising to the challenge of energy transition We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz More listening options:  

India has an ambitious target to double the steel production capacity by 2030 from current levels. While the steel industry gears up for this expansion, concerns of higher carbon emissions loom large amid India lacking a distinct roadmap for decarbonization and its carbon neutrality target set as far ahead as 2070. At the same time, Europe is gearing up to implement the Carbon Border Adjustment Mechanism (CBAM), which is expected to affect the sources and prices of steel imports. How is Indian steel industry going to be impacted by CBAM and how is India faring in its decarbonization journey? S&P Global Commodity Insights Senior Editor covering the Asia ferrous metals market, Rituparna Nath spoke with Rohan Somwanshi, Managing Editor for Asia Metals News, Agamoni Ghosh, Managing Editor of the Global Compliance Carbon markets and Paul Bartholomew, Senior Metals Analyst to discuss. Related content: How is Europe's steel industry rising to the challenge of energy transition We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz More listening options:  

The European steel industry is at the forefront of developing a market for lower CO2 emission steel. New production processes are being implemented, new products are being offered, but the green steel market is lacking standardization at the same time. Standardization of carbon-accounted products is one of many items on the European Commission's energy transition to-do list. The next action item is going to be the Carbon Border Adjustment Mechanism (CBAM), which is expected to affect the sources and prices of steel imports. What do we know about the CBAM and how is Europe's steel industry navigating the uncharted waters of green steel trading? S&P Global Commodity Insights Managing Editor Ferrous Metals EMEA Laura Varriale spoke with Senior Editor Flat Steel Europe Maria Tanatar and Head of Future Energy Outlooks Roman Kramarchuk. Related content: EU Carbon Border Adjustment Mechanism to raise $80B per year by 2040 Europe's decarbonization focus sets region's steel sector in motion Related price symbols: EHRSA00 - Platts European HRC Carbon-Accounted Steel Premium Eur/mt EHRSC00 - Platts Northwest Europe HRC Carbon-Accounted Steel Price Eur/mt We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz

The European steel industry is at the forefront of developing a market for lower CO2 emission steel. New production processes are being implemented, new products are being offered, but the green steel market is lacking standardization at the same time. Standardization of carbon-accounted products is one of many items on the European Commission's energy transition to-do list. The next action item is going to be the Carbon Border Adjustment Mechanism (CBAM), which is expected to affect the sources and prices of steel imports. What do we know about the CBAM and how is Europe's steel industry navigating the uncharted waters of green steel trading? S&P Global Commodity Insights Managing Editor Ferrous Metals EMEA Laura Varriale spoke with Senior Editor Flat Steel Europe Maria Tanatar and Head of Future Energy Outlooks Roman Kramarchuk. Related content: EU Carbon Border Adjustment Mechanism to raise $80B per year by 2040 Europe's decarbonization focus sets region's steel sector in motion Related price symbols: EHRSA00 - Platts European HRC Carbon-Accounted Steel Premium Eur/mt EHRSC00 - Platts Northwest Europe HRC Carbon-Accounted Steel Price Eur/mt We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz

Was bedeutet #ESG für die Unternehmenseinheiten und im Speziellen für den Einkauf und die Steuerabteilung? Die Politik verschärft bei der ökologischen Transformation des EU- Wirtschaftsraums das Tempo und agiert durch einen Tsunamie neuer Regelungen und Vorgaben, die die Supply Chain (Lieferkette) von Unternehmen maßgeblich verändern werden. Dabei spielt der Einkauf eine wesentliche Rolle, weshalb Hermann Gauß im Gespräch mit Reinhard Frigger darlegt, wie ein nachhaltiger Einkauf einen höheren Mehrwert für Unternehmen bieten kann (Stichwort: Scope 3). Zudem erfordert die Lieferkettensorgfaltspflichtengesetzgebung auch eine Neusortierung der Produktlebenszyklen. Und ab Oktober gilt der der Carbon Border Adjustment Mechanism (#CBAM, Grenzausgleichsabgabe), der ein Carbon Leakage verhindern und die innerhalb der EU produzierende Wirtschaft schützen soll. Noch hat diese aber nur selten ihre Produktion vollständig innerhalb der EU und ist damit auch sehr gefordert den neuen Anforderungen gerecht zu werden. Diese Details vermittelt Richard J. Albert (Stichwort: Emmissionshandel). Betroffenen Unternehmen werden feststellen, dass es im Regelfall einiges an Hausaufgaben zu erledigen gilt. Das Zeitalter der Dekarbonierung ist da, Unternehmen müssen sich umstellen.

The global supply chain landscape is returning to "normal" conditions in the second quarter of 2023, with supplier delivery times improving and shipping rates at their lowest since September 2020. However, the second half of the year presents challenges, including the direction of corporate sourcing strategies, political tensions, and the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM).    Is global trade doomed for a decline or set for recovery? Can corporate decision-makers hope for a new-normal in supply chain operations? Deglobalization or a new era of trade expansion? Our experts discuss the outlook for the rest of 2023 and beyond.   The full article explores key trends and challenges for the global supply chain landscape in the coming months: https://www.spglobal.com/marketintelligence/en/news-insights/blog/global-supply-chains-what-to-watch-in-q2-23   Speakers: Chris Rogers Head of Supply Chain Research, S&P Global Market Intelligence Agnieszka Maciejewska Economics Manager, Trade Forecast, S&P Global Market Intelligence

On April 18th, 2023, the European Parliament approved the legislation for the implementation of a Carbon Border Adjustment Mechanism (CBAM) as part of the European Union's (EU) “Fit for 55 in 2030 package”, which is aimed at reducing greenhouse gas (GHG) emissions by 55 percent before 2030. From this mammoth legislative change, we have the EU & China at an interesting crossroads in the global race for carbon neutrality, but where do China and EU interests intersect on climate action and how will EU/Chinese businesses involved be affected? Lets dive into the matter further in this latest episode. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

The European Commission has adopted a set of proposals, known as the European Green deal, with the aim of reducing net greenhouse gas emissions in the European Union (EU) by at least 55% by 2030, and achieving zero net emissions by 2050. In addition to the Corporate Sustainability Reporting Directive (CSRD), another pillar of this policy is the creation of the Carbon Border Adjustment Mechanism (CBAM), a new border tax aimed at equalizing the price of carbon paid for EU products operating under the EU Emissions Trading System (ETS) with that of similar imported goods.CBAM is likely to impact the cost of carbon in global supply chains, and also has reporting obligations beginning as early as October of 2023, and the regulation has raised many questions. Which companies will it impact? What products are in scope? Will it impact companies that don't do business in the EU?This week, Heather Horn was joined by Barry Murphy and Niels Muller, PwC partners who are following CBAM, to share their insights on what it means and what companies can do now to prepare.In this episode, you'll hear discussion of:2:26 - An overview of the EU Green Deal and CBAM9:37 - How CBAM is intended to spur global alignment on carbon pricing13:26 - Effective dates, applicable products, and other details of the regulation25:58 - The current status of verification (audit) requirements and how these may evolve29:39 - How CBAM could potentially impact the cost of carbon in global supply chains33:59 - Recommendations for companies that want to begin preparing for CBAM ahead of the October 2023 effective dateWant to learn more about CBAM? Watch our webcast series.Barry Murphy is PwC's Global ESG leader for Tax and Legal Services. Based in the UK, he has 20 years of experience advising clients on their domestic and international tax affairs. He is also focused on driving compliance solutions with the digital first approach. Niels Muller is a PwC partner based in the Netherlands specializing in energy transitions and sustainable energy. In this role he advises institutional investors, financial institutions, and utility companies as well as governments and non-governmental organizations on sustainability and tax projects.Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

Doug McHoney (PwC's International Tax Services Global Leader) is joined in Madrid by Edwin Visser, PwC's European Tax Policy Leader. Prior to joining PwC, Edwin was the Deputy Director General for Tax Customs Policy and Legislation and Director for Direct Taxes at the Dutch Ministry of Finance. One of the real challenges for tax professionals and advisors is the sheer volume of tax proposals from the European Union. Edwin and Doug discuss the numerous EU tax proposals, including the Carbon Border Adjustment Mechanism (CBAM), the Foreign Subsidies Regulation (FSR), Green Energy Credits, ATAD3. They also cover the EU's legislative process, flashback to the Common Consolidated Corporate Tax Base (CCCTB), then tackle Business in Europe: Framework for Income Taxation (BEFIT), the SAFE project, and the Debt-equity bias reduction allowance (DEBRA). They cap the episode with a check in on Pillar One and Pillar Two.

The European Union's implementation of a Carbon Border Adjustment Mechanism (CBAM) to support its industry's efforts to decarbonize and prevent carbon leakage is likely to have far-reaching effects on global trade and the wider energy transition. S&P Global Commodity Insights' experts Eklavya Gupte, Coralie Laurencin, Michael Evans and Paula VanLaningham take a deep dive on CBAM, examining its potential impact on a range of industries, political alliances and its influence on carbon pricing and regulation. NOTE: ‘CBAM CO2 emissions data referenced in this podcast relate to emissions modelling totals between 2026-2040'. Click here to access prices, news and analytics relating to carbon markets on Platts Dimensions Pro

The European Union's implementation of a Carbon Border Adjustment Mechanism (CBAM) to support its industry's efforts to decarbonize and prevent carbon leakage is likely to have far-reaching effects on global trade and the wider energy transition. S&P Global Commodity Insights' experts Eklavya Gupte, Coralie Laurencin, Michael Evans and Paula VanLaningham take a deep dive on CBAM, examining its potential impact on a range of industries, political alliances and its influence on carbon pricing and regulation. NOTE: ‘CBAM CO2 emissions data referenced in this podcast relate to emissions modelling totals between 2026-2040'. Click here to access prices, news and analytics relating to carbon markets on Platts Dimensions Pro

EU petrochemical producers may see carbon-related costs more than double to €4.1bn/year once the Carbon Border Adjustment Mechanism (CBAM) comes into force.  -          EU chemical producers will lose free carbon credits if CBAM applies-          This will more than double carbon taxes on chemicals to €4.1bn at 2021 prices-          Aim is to incentivise low carbon investment by producers-          Under CBAM imports to EU will face same carbon costs applied to domestic producers-          From Q3 2023-2026 data will be gathered on chemical sector imports, emissions-          From 2026-2035 CBAM will be phased in, no decision yet on chemicals-          Refinery products may be targeted for CBAM before more complex petrochemicals -          US Inflation Reduction Act (IRA) may be better approach to low carbon future 

Das Wetter ist kalt, der Tee ist warm, das Postfach ist leer. Ein guter Zeitpunkt  inne zu halten und zurück zu blicken - auf das Jahr 2022 in der Energiewirtschaft und auf ein Jahr Redispatch. Wir bedanken uns herzlich für eurer offenes Ohr. Wir hören uns wieder in 2023. Überblick: Rückblick auf 2022: Klimakrise, COP27, Veröffentlichung IPCC-Bericht, Gründung Klimaclub durch G7 Staaten, Last Generation, Ukraine-Russland-Krieg, Versorgungssicherheit, Preise in 2022, Green-Deal – Fit for 55, Blick auf nationale Ebene – Gesetze und Entwürfe, Ausblick auf 2023, Rückblick Podcast Redispatch 2022; Kontakt: Twitter (redispatch_pod), LinkedIn (Redispatch), Instagram (Redispatch_Podcast), TikTok (redispatch) FfE (2022): Beitragsreihe Politische Maßnahmen: Was ist der Carbon Border Adjustment Mechanism (CBAM)? FfE (2022): Beitragsreihe Politische Maßnahmen: Was sind Klimaschutzverträge? FfE (2022): Entwicklung der Energie- und CO2-Preise 2022 - FfE FfE (2022): LNG-Terminals im Kontext rückläufiger Gasverbräuche FfE (2022): Veränderungen der Merit Order und deren Auswirkungen auf den Strompreis - FfE FfE (2022): Wie funktioniert die Merit Order? ipcc (2022): The Intergovernmental Panel on Climate Change

In July 2021, the European Commission adopted a Proposal for establishing a Carbon Border Adjustment Mechanism (CBAM). The aim of the proposal is to require importers to buy carbon certificates corresponding to the carbon price that would have been paid had the goods been produced under the EU's carbon pricing rules. Conversely, once a non-EU producer can show they have already paid a price for the carbon used in the production of the imported goods in a third country, the corresponding cost can be fully deducted for the EU importer. The CBAM is intended to complement the EU Emissions Trading System (EU ETS) and level the playing field between EU and non-EU businesses. The EU ETS, which sets a cap on the amount of greenhouse gas emissions that can be released from industrial installations in certain sectors, works through a system of allowances that must be bought on the ETS trading market, though a certain number of free allowances is distributed to prevent carbon leakage. The CBAM will progressively become an alternative to this. Moreover, in the Commission's new proposal for a revised ETS, the number of free allowances for all sectors will decline over time, and for the CBAM sectors, the free allowances will gradually be phased out as from 2026.An industry particularly susceptible to these mechanisms is that of steel, which has set out the ambition to reduce its CO2 emissions by 30% by 2030 compared to 2018 (= 55% compared to 1990). Currently, there are more than 50 steel projects that could be implemented at industrial scale by 2030 in order to achieve this ambitious objective. The estimated costs are 25 billion EUR Capex and 45 billion EUR Opex, plus 150 TWh of carbon-free electricity needed, including for hydrogen production, by 2030. The EU steel industry states it is willing to invest in order to implement these and other projects, with the support of EU and national programmes and EU legislation that allows a sustainable transition.Stakeholders from the industry have expressed some concerns about the CBAM and ETS. They claim that the additional direct carbon costs for the steel industry with the combined effect of CBAM and ETS on the free allowances phase-out will be of nearly 14 billion euros in 2030 with ‘business as usual' emissions, or 8,4 billion euros if the sector is able to reduce its emissions by 30% by 2030. Industry also claims that in 2030, an average EU steel company retrofitting its plant with clean technology will face 400 million euros carbon costs, while a similar non-EU company exporting its steel into the EU market will bear only 30 million euros of costs, despite the CBAM levy at the border.Relisten to this EURACTIV Virtual Conference to find out about the impact of the CBAM and ETS mechanisms on the steel industry. Discussed questions included: - Is the Fit for 55 Package also “fit” to ensure a level playing field between EU steelmakers and non EU-steelmakers?- In light of the current energy and carbon prices spikes, how can the phasing out of free allowances be implemented in a sustainable way?- Can the CBAM coexist with the current system of free allowances? - Why should we need export adjustments and to what extent are they compliant with WTO requirements?- Investments in breakthrough technologies and affordable CO2-free energy are key for scaling up low-carbon steel projects already in progress. How can those needs be met, while creating lead markets for the greener but also more expensive EU steel?

Afgelopen week zijn de onderhandelingen over ‘Fit for 55' gestart. Dit in juli door de Europese Commissie gepresenteerde wetgevingspakket moet ervoor zorgen dat de EU in 2030 55% minder uitstoot dan in 1990. Einddoel: klimaatneutraal in 2050. Over dat pakket – en vooral het Carbon Border Adjustment Mechanism (CBAM) – praat ik met Diederik Samsom, kabinetschef van Europees Commissaris Frans Timmermans. Hoe de EU de rest van de wereld op klimaatsleeptouw wil nemen.

In this episode, James Tennant and Paul discuss the importance of businesses ‘futureproofing' by understanding the changes that are happening now and in the future, and responding accordingly. Then they unpack the proposed Carbon Border Adjustment Mechanism (CBAM) and consider the likely impact on Australian Businesses. The team unpack Tennant's recently released detailed report on CBAM titled ‘Swings and Roundabouts: The Unexpected Effects of Carbon Border Adjustments on Australia' and discover there are opportunities and challenges for Australia. The conversation also addresses Australia and the likely impact of Carbon Taxes around the world.

De Europese Commissie heeft op 14 juli dertien beleidsmaatregelen gepresenteerd die de EU op schema moeten brengen om haar ambitieuze doelstellingen voor de reductie van broeikasgasemissies (BKG) te behalen. Het gaat om een reductie van 55 procent in 2030 ten opzichte van het niveau van 1990. Internationaal gezien is het Carbon Border Adjustment Mechanism (CBAM) het meest controversiële voorstel. Wat is dit en wat zijn de consequenties ervan? Hoor het in deze podcast met Alexandra Dumitru en Maartje Wijffelaars. Interviewer: Otto Raspe.

In Episode 51 of First Fuel, Energy Efficiency Council CEO Luke Menzel is joined by Tennant Reed, Head of Climate, Energy and Environment Policy at Australian Industry Group to discuss their recent paper on the EU's proposed Carbon Border Adjustment Mechanism (CBAM). Luke and Tennant unpack what this and other potential future CBAMs will mean for the Australian economy, and the role a CBAM could play in Australia's own climate policy architecture. Mentioned in this episode: Swings and Roundabouts: The unexpected effects of Carbon Border Adjustments on Australia https://www.aigroup.com.au/news/policies/2021/swings-and-roundabouts-the-unexpected-effects-of-carbon-border-adjustments-on-australia/ Tennant's report celebration cake https://twitter.com/TennantReed/status/1427397945553391625 Key topics: Carbon border adjustment mechanisms - EU proposed policy - Rationale and goals of carbon border adjustments - Design considerations for CBAMs Potential utility for Australia - Managing impacts of future carbon reduction policies on trade exposed industries - Relative merits of free credits versus a CBAM Connect with our guests: Find Tennant at https://twitter.com/TennantReed Connect with us: Find Luke at https://twitter.com/lukemenzel Find out more about the Energy Efficiency Council at www.eec.org.au Follow us on Twitter at https://twitter.com/EECouncil Email us at firstfuel@eec.org.au To find out how you can listen to an upcoming episode of First Fuel live, visit www.eec.org.au/podcasts

A conversation regarding the European Union's proposed Carbon Border Adjustment Mechanism (CBAM), a.k.a. a carbon border tax, between show host Gene Tunny and his colleague Ben Scott, Research Officer at Adept Economics.Links relevant to the conversationhttps://adepteconomics.com.au/what-does-the-eus-carbon-border-tax-mean-for-australia/https://www.diw.de/documents/publikationen/73/diw_01.c.812870.de/dp1935.pdfhttps://www.environment.gov.au/system/files/resources/f52d7587-8103-49a3-aeb6-651885fa6095/files/summary-australias-2030-emissions-reduction-target.pdfPlease send any questions, comments, or suggestions to contact@economicsexplored.com

Forecasts of sharp increases in the costs of carbon for the chemicals industry highlight the need to plan now for a transition to more efficient production.-          Chemical industry currently enjoys a lot of free carbon allowances-          But these will be decreased, adding significant costs-          2021-2025 – Europe chemicals to pay €1bn/year (with €50/tonne carbon price) to €1.5bn/year (€70/tonne) -          2026-2030 possible 40-50% cut in free allowances for chemical sector-          2026-2030 ICIS carbon price forecast €90-€100/tonne-          Carbon Border Adjustment Mechanism (CBAM) will prevent carbon leakage-          This will allow higher carbon pricing in Europe without disadvantaging local production-          CBAM applies first to cement, electricity, fertilisers, iron and steel-          Chemicals, polymers could be added towards 2030 or later-          Chemical companies need to make radical changes to business models-          Low carbon solutions must work in developing countries

we focus on a legislative proposal form European Commission, Carbon Border Adjustment Mechanism (CBAM) which is a part of 'Fit for 55 packages' unveiled on 14 July. The packed policy aims to reduce net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels.- Will a CBAM fix the problem of carbon leakages?- Is a CBAM legal under existing WTO trade rules?- What is the reaction so far to a CBAM?- What is the impact of CBAM on China's export?

The EU has announced it will introduce a Carbon Border Adjustment Mechanism (CBAM) as part of its efforts to reach net zero emissions by 2050. This has big implications for the Australian economy, especially carbon intensive expor industries. This week we talk to Richie Merzian and Hannah Melville Rea about what CBAMs are, how they work, why they aren't protectionist and how it will impact Australia. Host: Ebony Bennett, Deputy Director at the Australia Institute // @ebony_bennettGuest:Richie Merzian, director Climate & Energy program // @richiemerzianHannah Melville Rea, Anne Kantor Fellow // @HannahMelReaThe Australia Institute // @theausinstituteWebsite:australiainstitute.org.auProducer: Jennifer Macey //@jennifermacey Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions

This is a podcast of the series "Spot on Climate" of the Climate area of the Florence School of Regulation. In this podcast, Research Associate Albert FERRARI continues the conversation with Peter VIS, Senior Advisor at Rud Pedersen Public Affairs and Senior Research Associate at the School of Transnational Governance. This second episode focuses on the design and implementation of the upcoming EU proposal for Carbon Border Adjustment Mechanism (CBAM), through a discussion on these two questions: - What advice would you give to the European Commission in developing its proposal? - Under what conditions could we do without it? The European Commission will be presenting in June 2021 a proposal for a CBAM for certain imported products to reduce the risk of carbon leakage, which is the risk of companies transferring production to countries that are less strict about emissions. With a CBAM, the price of imports would reflect more accurately their carbon content. This would ensure that the EU’s climate objectives are not undermined by production relocating to countries with less ambitious policies. Read the STG Policy Brief "A way forward for a carbon border adjustment mechanism by the EU", Jos DELBEKE, Peter VIS, 2020, Cadmus https://cadmus.eui.eu//handle/1814/69155 Catch up on the previous episode with Peter VIS on the rationale and challenges of the CBAM: https://soundcloud.com/fsregulation-energy-and-climate/spot-on-climate-episode-1/s-enD0S62pN5J

This is the first podcast of the series "Spot on Climate" of the Climate area of the Florence School of Regulation. In this podcast, Research Associate Albert FERRARI converses with Peter VIS, Senior Advisor at Rud Pedersen Public Affairs and Senior Research Associate at the School of Transnational Governance. This first episode focuses on the rationale and the challenges behind the possible Carbon Border Adjustment Mechanism (CBAM) through a discussion on these two questions: - What is the case for a CBAM? - How might it work? The European Commission will be presenting in June 2021 a proposal for a CBAM for certain imported products to reduce the risk of carbon leakage, which is the risk of companies transferring production to countries that are less strict about emissions. With a CBAM, the price of imports would reflect more accurately their carbon content. This would ensure that the EU’s climate objectives are not undermined by production relocating to countries with less ambitious policies. Listen to the interview, and stay tuned for the next episode with Peter VIS on the design and implementation of the CBAM in practice.