The ENVI approach to CBAM threatens: millions of jobs, EU exports and investment in the EU. Viable solutions are available

Brussels, 19 May 2022 – Following the ENVI report on the European Commission’s proposal for a Carbon Border Adjustment Mechanism (CBAM) and ahead of the vote in European Parliament’s plenary, AEGIS Europe, one of the largest industrial alliances in Europe, is unanimous in voicing  concerns. The proposal to phase out ETS free allowances before 2030 but to do nothing for EU exports is particularly worrying. Read our press release here.