Amending Regulation (EU) 2023/956 as regards simplifying and strengthening the carbon border adjustment mechanism

Tabled by Filip Turek, Silvia Sardone, Ondřej Knotek, Jorge Buxadé Villalba, Mathilde Androuët, Viktória Ferenc, Jana Nagyová, Roberto Vannacci, Marie-Luce Brasier-Clain

Added: (1 b) The Union is the only major region in the world to have introduced a significant price on CO2, but the incentive effect of such a carbon pricing on trading partners has not been clearly demonstrated. The introduction of the CBAM is causing concerns among Union economic actors, particularly the energy-intensive industries already pressured by the Union's excessive environmental legislation. In the context of the comprehensive review, the Commission will remove the phase-out of the free allowances under the EU ETS if a level playing field is not ensured.

Wording as published by the EP, in English. PE772.580