Report of December 18, 2020
Last year, the Climate Friendly Materials Platform proposed an innovative policy framework to support the decarbonisation of the basic materials sector in the EU. A new policy brief from the platform focuses on one major component of this package: introducing the climate contribution to compliment the free allocation in the EU Emissions Trading System. The brief clarifies the concept and explains why it is a viable option to meet the policy objectives of Carbon Border Adjustment Mechanism in a way that has major advantages compared to alternative instruments focusing on border measures.
Authors: Aleksander Sneigocki, Kryzsztof Brzeziñski