Flat glass’s considerations on a future Carbon Border Adjustment Mechanism

Flat glass’s considerations on a future Carbon Border Adjustment Mechanism
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glassforeurope.com

Date: 28 October 2020

The European Commission announced its intention to propose by mid-2021 a carbon border adjustment mechanism (CBAM) for a few sectors, as a pilot phase.

Glass for Europe recognizes CBAM as a possible route to ensure a level playing field between EU and non-EU based manufacturers when guaranteeing that importers of industrial goods bear carbon costs equivalent to those of EU-based actors.

Glass for Europe issued in January 2020 its 2050 vision to maximize the European flat glass sector’s contributions to the EU climate neutrality objective[1]. While the European flat glass sector takes it as its role to produce at a competitive price the materials essential for renovating Europe’s buildings, for supporting the clean mobility transition and for increasing the share of renewable solar energy in Europe, it aims to do so while reducing its use of resources and cutting CO2 emissions from its own manufacturing activities.

To read more: Carbon Border Adjustment Mechanism

600450 Flat glass’s considerations on a future Carbon Border Adjustment Mechanism glassonweb.com

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