Joint NGOs & industry open letter to MEPs: time to vote for an EU ETS and a CBAM that work for the climate and support industrial transformation
Posted on 03 June 2022
A strong reform of the EU Emissions Trading System (ETS) and a well-designed Carbon Border Adjustment Mechanism (CBAM) can truly help slash emissions from the goods we produce and import, create a level-playing field for Europe’s low-carbon manufacturers and stimulate the demand and supply of clean industrial products.
Ahead of their vote on the ETS revision and CBAM proposal on 8 June 2022, NGOs and industry urge members of the European Parliament to support the following:
- Higher climate ambition
- CBAM as alternative to current carbon leakage protection measures
- Better and timebound targeting of free allowances