Published: October 2nd, 2023,
Last updated: October 2nd, 2023
The test phase of the EU’s carbon border adjustment mechanism (CBAM) started on October 1. The German Electrical and Digital Manufacturers’ Association (ZVEI) criticizes that important details of the implementation have still not been clarified. „As right as the objective is, this instrument will pose some challenges for many companies and tie up a lot of capacity,“ fears Mark Becker-von Bredow, ZVEI Division Manager for electrification and climate.