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EU Carbon Border Adjustment Mechanism – Key Issues Going Forward

Marin Duran, G; (2021) EU Carbon Border Adjustment Mechanism – Key Issues Going Forward. European Foreign Affairs Review , 26 (4) pp. 499-506. Green open access

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Abstract

About four months ahead of the global climate summit in Glasgow, the European Commission revealed the details of its controversial proposal for a carbon border adjustment mechanism (CBAM). If adopted by the European Parliament and Council, the proposed CBAM would make the EU the first jurisdiction worldwide to extend its domestic carbon price to emissions that are produced outside its borders but are embedded into its imports of carbon-intensive commodities. While aligning with the EU’s long-standing ambition to play a leadership role in the global battle against climate change, this novel regulatory initiative raises a number of critical legal and policy questions – i.e., would it be effective, legal and ‘fair’?

Type: Article
Title: EU Carbon Border Adjustment Mechanism – Key Issues Going Forward
Open access status: An open access version is available from UCL Discovery
Publisher version: https://kluwerlawonline.com/JournalArticle/Europea...
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Laws
URI: https://discovery.ucl.ac.uk/id/eprint/10138276
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