US Edition8 Articles
8 Articles
Brussels.The Council and the European Parliament reached an agreement on Wednesday to exempt occasional importers of small quantities in the iron, steel, aluminium, cement and fertilizer sectors from the payment of climate tariffs by introducing a new de minimis threshold of 50 tonnes.The text, which has yet to be endorsed by both institutions, will enter into force three days after its publication in the Official Journal of the European Union.T…
Commission welcomes political agreement to simplify and strengthen the carbon border adjustment mechanism
(Credit: Unsplash) This article is brought to you in association with the European Commission. The European Commission welcomes the provisional political agreement reached between the European Parliament and the Council today on the Commission proposal to simplify and strengthen the EU’s carbon border adjustment mechanism (CBAM). On 26 February 2025, the Commission proposed simplifications to the CBAM regulation to reduce administrative burdens …
Brussels, 18 Jun (EFE).- The institutions of the European Union reached an agreement on Wednesday to simplify the tariff against imports of products from third countries produced with high CO2 emissions and that in practice will exempt 90% of companies from having to pay this surcharge once it starts to apply in 2026. The political agreement has been reached between the negotiating teams of the European Parliament and the EU Council (the Member …
EU Parliament, Council Agree to Remove 90% of Companies from CBAM Carbon Import Tax
Lawmakers in the European Parliament and Council announced today that they have reached an agreement on changes to the carbon border adjustment mechanism (CBAM), the EU’s carbon tax on imported goods, including introducing a new threshold to the regulation that would exempt 90% of importers – primarily smaller businesses – from the CBAM rules. While […]
The European Parliament and the Council of the EU today reached an agreement in principle on simplifying the mechanism for an additional import duty on products with a high carbon footprint, which will, among other things, exempt small importers from these rules. This is part of the Commission's first omnibus legislative proposal aimed at cutting red tape for European businesses.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
