EU reaches deal on carbon border tax
The application of carbon tax on imported commodities and electricity has been pushed back from January 1 to October 1, 2023
MEP Kokkalis: EU shouldn’t penalize coal power in Western Balkans while producing coal-fired electricity itself
Many EU member states are prioritizing energy security over decarbonization and reviving retired coal power plants, MEP Petros Kokkalis said
EU agrees fossil fuel car ban as climate package talks are starting
The Council of the EU and European Parliament are set for talks on the Fit-for-55 package. Both agree new combustion engines should be banned by 2035.
EP votes to protect EU industry even after CO2 border tax is fully implemented
MEPs want to maintain free emission allowances for industrial producers in the EU after the CO2 border tax is fully implemented in 2030
European Parliament delays decision to introduce carbon border tax – CBAM
The European Parliament rejected a set of law proposals within the Fit-for-55 climate package including the CBAM carbon border tax scheme
Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax
The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said
Serbia freezes electricity prices to help businesses through energy crisis
The Serbian government has ordered state power utility EPS to keep electricity prices for business customers unchanged until the end of November.
Turkish exporters to EU face EUR 771 million burden due to carbon border tax
Producers of cement, aluminium, electricity, and steel could face additional costs estimated at EUR 399-771 million in 2026.