Clean Industrial Deal

Tabled by Isabella Tovaglieri, Paolo Borchia, Pascale Piera, Barbara Bonte, Ondřej Knotek, Julie Rechagneux, Aleksandar Nikolic, Jana Nagyová, Silvia Sardone, Jorge Buxadé Villalba

17. Removed: Welcomes Added: Notes the proposed simplification of the Carbon Border Adjustment Mechanism (CBAM) in the first omnibus Removed: package as an important step to further enhance the effectiveness of the CBAM to address carbon leakage; reiterates its call for a workable export solution to address the risk of carbon leakage for CBAM goods exported from the EU to non-EU countries; asks the Commission to analyse carefully the risks associated with unverified certificates from outside the EU, which could harm fairness and competitiveness; welcomes the Commission’s intention to present an anti-circumvention strategy before the end of the year, and to consider extending the CBAM to additional sectors as part of the upcoming review; underlines the importance of an effective CBAM in the context of phasing out the free allowances in Added: package; recalls that the CBAM was introduced to compensate for the effect of the EU emissions trading Removed: system; Added: system (ETS) in order to tackle carbon leakage; underlines that the CBAM, as currently designed, in parallel with the phasing out of the ETS free allowances, will not ensure a level playing field and will undermine competitiveness by increasing production costs and the administrative burden for EU companies; calls for the ETS and the CBAM to be entirely reassessed in the upcoming revision;

Wording as published by the EP, in English. PE773.358v01-00