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EU carbon border levy's 'narrow' scope heads list of complaints by environment lawmakers

By Giulia Bedini ( September 9, 2021, 16:03 GMT | Insight) -- The proposed EU levy on imports of polluting industrial goods doesn't cover enough sectors, several lawmakers on the European Parliament’s environment committee argued today. Some members of the committee — which is steering the parliament's review of the draft Carbon Border Adjustment Mechanism, or CBAM — also criticized a lack of incentives for exporters and the slow pace set for the phaseout of free carbon permits in the proposal put forward by the European Commission in July.The proposed EU levy on imports of polluting industrial goods doesn't cover enough sectors, several lawmakers on the European Parliament’s environment committee argued today. ...

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