Home > Sturm College of Law > Denver Journal of International Law & Policy > Vol. 51 (2022-2023) > No. 2 (2023)
Abstract
The European Union has begun implementation of its much anticipated Carbon Border Adjustment Mechanism (CBAM), a tariff to be levied on imported goods in proportion to the emissions intensity of their production. Earlier this year, the European Parliament ("the Parliament") and the European Council ("the Council") reached a provisional agreement on what this CBAM should cover, but there were outstanding questions as to how they would reconcile other conflicting prvisos in their proposals. This Article describes some of the more notable debates that occured in the drafting process, how these questions were resolved in the final regulation, and explores some of the legal and diplomatic challenges that may away the CBAM. The Article then examines some recent proposals for carbon tariffs in the U.S. Congress, as well as some ways in which state and local governments might respond independently to the CBAM.
Recommended Citation
Freeman Halle, Carbon Tariffs: How the EU Plans to Transmit Its Carbon Price Signals Abroad and Protect against "Carbon Leakage", 51 DENV. J. INT'l L. & POL'y 135 (2022-2023).