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Carbon border levy: EU ministers agree partial stance, but talks will continue

( March 15, 2022, 15:56 GMT | Official Statement) -- MLex Summary: EU finance ministers today approved a preliminary joint stance on parts of the proposal to introduce a Carbon Border Adjustment Mechanism in the bloc. However, negotiations between national ministers will continue on outstanding issues, including the CBAM's overlap with the bloc's Emissions Trading System, and how the CBAM will align with World Trade Organization trading rules. Once ministers and the European Parliament each agree a stance on the whole proposal, negotiations will start. Statement follows. Documents are attached. ...

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