Insight
CBAM and aluminium: The devil's in the detail
Report summary
Uncertainty and confusion surround the impact of the European Union's implementation of a Carbon Border Adjustment Mechanism (CBAM) on the primary aluminium market. Given the region’s sizable structural dependence on primary metal imports, how the CBAM affects the internal market could be significant. But much depends on the calculation of carbon liabilities from imports and on the transmission mechanism through to the final price paid by end-users.
Table of contents
- Executive summary
- A 62% cut in emissions by 2030
- Direct and indirect emissions
- What will be the impact of CBAM on the EU aluminium market?
- More questions than answers
- Is another decoupling on the horizon?
Tables and charts
This report includes 6 images and tables including:
- Primary aluminium imports to the EU
- CBAM schedule and removal of free allowances
- Average emissions intensity of primary aluminium imported into the EU
- Direct and indirect emissions for relevant countries
- Carbon cost for direct emissions
- Carbon cost for direct and indirect emissions
What's included
This report contains:
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