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60 | Are Article 6 Credits Going to Count Under CBAM? - with Dan Maleski
How will the EU’s Carbon Border Adjustment Mechanism (CBAM) handle carbon price paid abroad, and what does that mean for carbon removal and international carbon markets?
The European Commission is now working on detailed rules for deducting a carbon price paid in third countries, including how carbon credits under compliance schemes and Article 6 of the Paris Agreement might be taken into account. The stakes for CBAM’s global impact just got much higher.
This CDR Policy Scoop episode unpacks what this new direction could mean in practice: from the principle of equivalence, to the role of…
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