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The EU proposal for a Carbon Border Adjustment Mechanism: an advanced tool to combat ‘carbon leakage’ , a new EU own resource of ‘moral suasion’ for third Countries?

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Selicato G.

Review of European and Comparative Law

2022

vol. 50

issue 3

25-37

With the proposal for a Regulation of the European Parliament and of the Council establishing a Carbon Border Adjustment Mechanism (CBAM) adopted on July 14, 2021 by the European Commission, it begins to reach the heart of the global debate on the opportunity to adopt mechanisms to combat the phenomenon of ‘carbon leakage’, that is the attempt to evade existing carbon pricing systems through the delocalization of the most polluting activities. In this way, the European Union demonstrates its serious intention to strengthen actions against climate change and to identify customs taxation as an instrument to guide the choices of its trading partners and, therefore, of the major world economies. The precautions adopted in the application of the CBAM and the long transitional period before its entry into force, however, prevent the full appreciation of its potential repercussions (also) in terms of the new own resource of the European budget.

Wprowadzenie podatku granicznego od emisji gazów cieplarnianych (CBAM) jako nowego instrumentu polityki klimatycznej UE i jego potencjalne skutki ekonomiczne dla Polski

86%

Sosnowska A., Pyrka M., Jeszke R.

Studia BAS

2023

issue 2(74)

145-170

The article presents how the concept of the Carbon Border Adjustment Mechanism (CBAM) is reflected in the regulation recently adopted in the EU and what possible effects CBAM may cause. The authors begin with explaining the reasons for the introduction of CBAM. Next, they briefly describe what obligations arise from the mechanism for entities and EU Member States and compare this mechanism to the EU ETS. The challenges facing the mechanism and the possible effects of its implementation are then examined. In the final section, the authors assess the economic impact of the CBAM on the Polish economy, taking into account changes in the price levels, in the value of production, exports and imports, GDP and household consumption in the horizon of 2030. The projection was carried out using the Carbon Regulation Emission Assessment Model (CREAM), which is the static general equilibrium model developed in the Centre for Climate and Energy Analyses (CAKE) at the National Centre for Emission Management (KOBiZE).

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1 Review of European and Comparative Law

1 Studia BAS

1 Jeszke R.

1 Pyrka M.

1 Selicato G.

1 Sosnowska A.

1 2023

1 2022

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The EU proposal for a Carbon Border Adjustment Mechanism: an advanced tool to combat ‘carbon leakage’ , a new EU own resource of ‘moral suasion’ for third Countries?

Wprowadzenie podatku granicznego od emisji gazów cieplarnianych (CBAM) jako nowego instrumentu polityki klimatycznej UE i jego potencjalne skutki ekonomiczne dla Polski