US probes EU carbon border tax over potential trade barriers
Based on reporting by Marta Pacheco. The United States’ decision to investigate the European Union’s Carbon Border Adjustment Mechanism (CBAM) marks an important moment in the evolution of international climate policy. As Washington examines whether the mechanism...
WTO establishes CBAM dispute panel at Russia’s request
Based on reporting by Adam Smith. The WTO’s decision to establish a dispute panel examining the EU’s Carbon Border Adjustment Mechanism marks an important moment for the future of carbon-based trade policy. Russia initiated the dispute in 2025, arguing that CBAM...
EU Expands CBAM To Fight Carbon Leakage
Based on reporting by Vasil Velev. The EU’s decision to expand CBAM further down industrial value chains is significant because it addresses a fundamental weakness in the original design. If Europe places a carbon cost on imported steel and aluminum but not on...
Strengthening the EU carbon border adjustment mechanism and closing loopholes
Based on reporting by the European Parliament. The European Parliament’s latest position on CBAM points to it becoming an instrument of industrial and geoeconomic strategy. The proposed expansion from basic materials into hundreds of downstream steel and aluminum...
Carbon emissions and e-waste levies are favourites for new EU budget revenue
Based on reporting by Nicoletta Ionta, Victoria Becker. The EU’s debate over new sources of budget revenue reveals a significant evolution in the role of environmental policy. Carbon pricing was originally conceived primarily as a mechanism to change behavior by...
PRESS RELEASE: FACS Signs Agreement with BGDxCarbon to Support Serbia’s CBAM Readiness and Export Competitiveness
U.S.-based Fundamental Analytics Carbon Services (FACS) is pleased to announce that it has entered into an agreement with BGDxCarbon, a company established by the Belgrade Stock Exchange (BGDX), to support Serbian exporters in understanding and...
UK Recognizes 16 Overseas Carbon Pricing Schemes for CBAM Relief
Based on reporting by Elif Kefeli. The UK’s recognition of 16 overseas carbon-pricing schemes under its forthcoming Carbon Border Adjustment Mechanism (CBAM) is evidence that carbon policy is becoming increasingly embedded in the architecture of the global economy....
Billions from Europe’s carbon market raise questions over where the money goes
Based on reporting by Adam Radolinski. Europe’s carbon market has generated substantial revenues for national governments, but an increasingly important question is whether this money is being used effectively to support the energy transition. Since the current EU...
EU corrects CBAM default values, selected aluminium products and unknown-origin precursors affected
Based on reporting issued by SMM. The European Commission’s correction of CBAM default values highlights an increasingly important aspect of the mechanism: the technical details behind emissions calculations can have a direct financial impact on companies trading with...
EU climate policy update: Emission trading reform and electrification push
Based on reporting by Marco Kisic. The European Commission's proposed revision of the EU Emissions Trading System (ETS), alongside its Electrification Action Plan, points towards a significant recalibration of Europe's climate-policy framework. One of the most...







