EU to expand CBAM to cover auto parts, washing machines
Under the new rules, importers will be required to account for the embedded emissions in materials such as aluminum, steel, cement, electricity, fertilizers, and hydrogen. Those who misreport emissions will face higher carbon costs, and importers must provide detailed information about production processes and materials. Previously, reporting was limited to volumes and embedded emissions, but under the full regime, importers will also need to purchase CBAM certificates corresponding to the emissions.
The move has sparked criticism from major trading partners. The United States warned that the measure could act as a trade barrier, straining transatlantic relations and undermining global climate cooperation. China described the policy as protectionist, arguing that it disadvantages developing economies and could prompt retaliatory measures, potentially affecting the competitiveness of its steel exports to Europe.
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