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EU aims for quick deal on carbon border levy

(EurActiv, 12 Dec 2022) EU negotiators aim to reach an agreement during late-night negotiations on Monday (12 December) on a new levy that would put a price on carbon-intensive goods entering the EU.

The so-called carbon border adjustment mechanism was proposed by the European Commission in 2021 to shield European industry from cheaper, more carbon-intensive imports.

“The European Union will be the first trade area in the world to put a carbon price on its imports,” environment committee chair Pascal Canfin told EURACTIV.

“The decisive trialogue will take place on Monday. And I think we have a good chance of landing,” he added.

The lead negotiator for the European Parliament, Mohammed Chahim, also told EURACTIV that both he and his counterparts representing the 27 EU countries want to reach an agreement before the end of the year.

“I think there’s a willingness from both sides to close the file this year. I think that willingness will be of course tested when we look at the flexibility that both sides have, but when you find a compromise on very sensitive issues, it’s very normal to wait until the very last moment to see where you can improve,” he explained.

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EurActiv, 12 Dec 2022: EU aims for quick deal on carbon border levy