The EU and the UK have recently developed Carbon Border Adjustment Mechanisms (CBAM) to account for the carbon cost embedded in imported products. • There are three major drawbacks to the current design of the CBAM targeting process-specific emissions. Circumvention risks, a lack of export coverage and a scope limited to upstream producers create risks of leakage of emissions and industrial production. ...
London:
Grantham Research Institute,
2025,
13 S.
(Policy Brief)
| Thibault Deletombe, Karsten Neuhoff, Misato Sato, Sini Matikainen, Fernanda Ballesteros, Nicolas Berghmans, Balasz Felsmann, Gábor Horváth, Neïla Khelifi, Pedro Linares, Johan Rootzen, Aleksander Śniegocki, Aneta Stefańczyk, Lars Zetterberg