CBAM EC proposal: EU industries oppose the automatic phase-out of free allowances, and call for export adjustments and better enforcement provisions

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Brussels, 16 July 2021 – AEGIS Europe believes that as long as other regions do not show the same climate ambition as Europe and comparable industries do not pay the same climate costs, EU policymakers need to ensure that high climate ambition is met with improved, reciprocal measures to protect the most exposed against carbon leakage. Thus, the package should include measures to avoid all forms of carbon leakage through the loss of export competitiveness, source shifting and circumvention. This would strengthen the effectiveness of the measure, thus helping EU industries to better contribute to the overarching climate goals. Read our press release here.

AEGIS Europe welcomes the legal study demonstrating that an EU ETS incorporating a CBAM, continued free allowances and a new export adjustment mechanism is WTO consistent

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Brussels, 2 July 2021 – A legal study carried out by the law firms King & Spalding and Nctm confirms the WTO consistency of an EU ETS that incorporates a CBAM to address carbon leakage on imports, an export adjustment mechanism (CEAM) to address carbon leakage through the loss of carbon controlled exports and the continuation of free allowances. Fully integrated into the EU ETS, free allowances, the CBAM and the CEAM contribute to the EU’s GHG limitation and costing objective and cannot be considered as domestic or export subsidies.

AEGIS Europe welcomes the work carried out by Member States to conclude negotiations on the International Procurement Instrument and calls for an assertive and effective tool

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Brussels, 18 May 2021 – In view of the upcoming Foreign Affairs Council on Trade, AEGIS Europe welcomes the work conducted by the Council in view of concluding negotiations on the International Procurement Instrument (IPI), in line with the European Commission’s recent call for “the Council to finalise its work as a matter of urgency”. Read our press release here.

AEGIS Europe calls on Member States to urgently conclude negotiations on the International Procurement Instrument

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Brussels, 12 April 2021 – AEGIS Europe calls on Member States to support the efforts of the Portuguese Presidency to conclude negotiations in the Council on the International Procurement Instrument (IPI) as soon as possible, in line with the European Commission’s recent call for “the Council to finalise its work as a matter of urgency”.

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AEGIS Europe calls on the Commission to exercise caution in its negotiations on investment with China

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AEGIS Europe calls on the Commission to exercise caution in its negotiations on investment with China

Brussels, 6 November 2020 – AEGIS Europe has published a press release calling on the Commission to exercise caution in its negotiations on investment with China, to recognise that commitments made in the WTO were not respected and to consider carefully the consequences of a piecemeal approach to an issue as important as investment.

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AEGIS Europe response to the European Commission public consultation on the Carbon Border Adjustment

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Brussels, 28 October 2020 - AEGIS Europe answered to the European Commission’s public consultation on the Carbon Border Adjustment. AEGIS Europe note, which accompanies the questionnaire response, highlights the issues of highest and common concern for EU manufacturers regardless of the option chosen for the CBAM legislative proposal.