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Showing 1 - 9 of 9 results for "CBAM"

Australia's chance to step up

ROSE MARY PETRASS  |  THURSDAY, 7 NOV 2024  |  NEWS
... backtracking - including the UK. And the EU has only ramped up its climate regulations with the Carbon Border Adjustment Mechanism (CBAM) carbon price and other climate laws. "[Trump is] an influential guy but he's not the biggest trend. The bigger ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... administration's US$85/t carbon capture subsidy, Buckley said, and may capitalise on the EU's Carbon Border Adjustment Mechanism (CBAM) levy on carbon intensive imports. Woodside quotes a "pretty bullish" ammonia price forecast, with Buckley ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... Australian aluminium must be cost competitive with other markets, leading him to support a Carbon Border Adjustment Mechanism (CBAM). "We do want to continue with local supply because we want to support local and we are a part of the local aluminium ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
... rules at the border and beyond: World-first European Green Bond standard, EU launches Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD) slated for 2024. World-first European Green Bond standard European Members ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... business that are incurring costs to decarbonise their products. If Australia introduces a carbon border adjustment mechanism (CBAM), it would not only be following in the footsteps of the European Union, it would also serve the purpose of creating a ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... certainty." Australian businesses must also prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union. The CBAM would place a levy to export goods to the EU based on the intensity of greenhouse gas (GHG) ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... financial years." Donovan also pointed to the recent commitment by the EU to introduce a Carbon Border Adjustment Mechanism (CBAM) as driving further activity on compliance markets, but said that the momentum is tempered by ongoing negotiations over ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...

Australian business face European carbon levy for exports

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... products. The European Parliament's environment committee recently endorsed the proposed Carbon Border Adjustment Mechanism (CBAM), which would initially apply a carbon cost to products sold into the EU including steel, cement, chemicals and fertilisers ...
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