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CBAM

CBAM 6 sector

Which embedded emissions need to be reported by each CBAM sector?

Which embedded emissions need to be reported by each CBAM sector? CBAM currently covers six major industry sectors: cement, fertilizers, steel, aluminum, hydrogen, and electricity. There are slight variations among these sectors regarding the types of greenhouse gases to be reported, and whether the reporting includes direct and/or indirect emissions. The table below provides an […]

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EUETS CAP and Trade

What is the relationship between CBAM and the European Union Emissions Trading System (EU ETS)?

What is the relationship between CBAM and the European Union Emissions Trading System (EU ETS)? The European Union Emissions Trading System (EU ETS) and the Carbon Border Adjustment Mechanism (CBAM) are primary policy tools for the EU’s response to climate change. While closely related, each has distinct focuses and purposes. The EU ETS, initiated in

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CBAM Scope

What are embedded emissions? How do they differ from carbon footprints?

What are embedded emissions? How do they differ from carbon footprints? Before delving into the embedded emissions in CBAM, it’s crucial to understand the organizational greenhouse gas inventory outlined in ISO 14064-1. The latest version, ISO 14064-1:2018, classifies organizational greenhouse gas emissions into the following six categories: Category 1: Direct GHG emissions and removals Category

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worker

Who will be affected by CBAM?

Who will be affected by CBAM? After the implementation of CBAM, besides the European Commission responsible for formulating regulations and the EU member states responsible for enforcement, there are four categories of stakeholders who will be affected by CBAM: EU Importers Importers are obligated to declare CBAM reports and serve as the entities responsible for

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