The CBAM Regulation is undergoing a simplification makeover as policymakers seek to alleviate administrative burden for European companies. Having just cleared a vote in the European Parliament’s ENVI committee, the legislation appears to have broad support among European legislators. The upcoming vote in plenary and forthcoming trilogue negotiations with member states in Council are expected to pass swiftly and without substantive changes to the European Commission’s proposal. This analysis lays out the changes made to CBAM by the omnibus package and explores what is next for the Regulation’s implementation.
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.
