A strong reform of the EU Emissions Trading System (ETS) and a well-designed Carbon Border Adjustment Mechanism (CBAM) can truly help slash emissions from the goods we produce and import, create a level-playing field for Europe’s low-carbon manufacturers and stimulate the demand and supply of clean industrial products.
Ahead of their vote on the ETS revision and CBAM proposal on 7 June 2022, we urge members of the European Parliament to support the following:
- Higher climate ambition
- CBAM as alternative to current carbon leakage protection measures
- Better and timebound targeting of free allowances