With its Industrial Carbon Management Strategy, the European Commission has defined an initial framework for the future promotion of CO2 capture, storage and use in the EU. In particular, negative emission technologies like direct air capture promise to play a key long-term role on the path...

This article analyses the cost implications of an EU Carbon Border Adjustment Mechanism (CBAM) for downstream industries in Germany. The restriction to a few basic industries as envisaged in the EU Commission's proposal is expected to lead to only a slight increase in input costs for downstream...