Overview
- Draft Commission plans extend CBAM beyond basic materials to roughly 180 downstream steel‑ and aluminium‑intensive goods, including machinery, appliances, and select scrap.
- The mechanism begins charging on imports from January, with importers required to surrender certificates for 2026 emissions by September 2027.
- New enforcement tools include applying default emissions values where authorities suspect under‑reporting or strategic product routing to dodge higher charges.
- The Commission proposes directing 25% of near‑term CBAM revenue to support EU manufacturers investing in lower‑carbon production, with annual takings estimated at about €1.4 billion.
- EU climate chief Wopke Hoekstra said the UK will not receive an exemption until its carbon market is formally linked to the EU’s, as industry groups call the scope expansion helpful yet insufficient.