Today, Glass Alliance Europe adopted a joint position on the Carbon Border Adjustment Mechanism to be presented by the European Commission. The paper lists the critical factors to the development of a CBAM.
The glass sectors call on the European Commission to consider:
- The co-existence of the new mechanism with the free allocation and the inclusion of a solution for EU exports
- To set equivalent levels of control between domestic and non-EU operators
- To avoid loopholes for opportunistic trade flows
- To allocate the revenues expected from the CBAM to climate policy purposes only.