CBAM Down-the-Line: An assessment of how CBAM will affect the competitiveness of downstream EU aluminium manufacturers
CBAM aims to simultaneously drive EU competitiveness and decarbonisation by ‘levelling the playing field’ for EU-based producers. However, as a form of carbon tariff CBAM risks jeopardising downstream sectors’ competitiveness. This concern stems from CBAM charging a carbon price on imported intermediaries which are used as inputs for downstream EU manufactures. This carbon premium is not reflected
