No Match Found
A package of EU draft laws on climate change, including a carbon border adjustment mechanism (the “CBAM”), is scheduled to be published on 14 July 2021. In early June, the draft law on the CBAM (the “Draft Law”) was made available in the public domain. The European Commission declined to comment on the Draft Law. Stories in the media have reported, based on sources in the European Commission, that work on the document is still in progress and some issues are yet to be finally resolved. Below, we present our analysis of the Draft Law, although it may be amended over the next few weeks.
Information contained in PwC information materials is based on analysis of data from numerous sources. It is of general nature and intended for information purposes. The above information does not constitute professional advice and should not be treated as official recommendations or position of PwC. PwC assumes no responsibility for damages caused to any person if their actions/omissions result from using the above information. For assistance with questions on specific situations, we advise that you contact a PwC professional in the relevant line of service.
©2021 PwC. All rights reserved.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.