Webinar | EU CBAM and its Implications for US Companies — Get Ready for the Carbon Border Adjustment Mechanism

© EACCNY
CBAM is a strategic initiative designed to harmonize the EU’s ambitious climate objectives with international trade practices. By addressing the complexities of carbon leakage and establishing a level playing field for domestic and foreign producers, CBAM marks a significant step in the EU’s journey towards a sustainable future.
Our panel will help us better understand how CBAM will affect US companies and how to prepare effectively for this important policy change.
I. Introduction to CBAM and its Purpose
- Why is the EU implementing CBAM, how will it work and where are we in the process?
- Interaction of CBAM with the EU Emissions Trading System (ETS) and its compatibility with other ETS systems outside the EU
II. Scope and Coverage of CBAM
- Sectors covered by CBAM and reasons for their selection, and goods under the scope of CBAM
> Handling of 'second hand' and 'returned' goods
> Addressing carbon leakage of finished or semi-finished products
> Consideration of packaging in CBAM
III. Reporting Obligations and Procedures
- Customs and Reporting Procedures
- Responsibilities of importers and reporting entities
- Reporting deadlines and possible Penalties for non-compliance
- Challenges and solutions for reporting, including technical errors and data acquisition from suppliers
IV. Methodology for Calculating Embedded Emissions
- Determining embedded emissions for various goods
- Handling of alternative methods and verification of equivalence
V. Specific Case Studies and Industry Focus
VI. Transition Period & final implementation: What to expect
SPEAKERS:
- Micha Hirschinger, Senior VP, ALIXPARTNERS
- Vicente Hurtado-Roa, Head of Unit – CBAM, Energy and Green Taxation, DG TAXUD (EUROPEAN COMMISSION)
- Paolo Pinto, Key Accounts Sales Director, STEELFORCE PACKAGING
- Clement Silva, Partner, OSRICH
- Yvonne Bendinger-Rothschild, Executive Director, EACCNY [Moderator]