Search

The article presents how the concept of the Carbon Border Adjustment Mechanism (CBAM) is reflected in the regulation recently adopted in the EU and what possible effects CBAM may cause. The authors begin with explaining the reasons for the introduction of CBAM. Next, they briefly describe what obligations arise from the mechanism for entities and EU Member States and compare this mechanism to the EU ETS. The challenges facing the mechanism and the possible effects of its implementation are then examined. In the final section, the authors assess the economic impact of the CBAM on the Polish economy, taking into account changes in the price levels, in the value of production, exports and imports, GDP and household consumption in the horizon of 2030. The projection was carried out using the Carbon Regulation Emission Assessment Model (CREAM), which is the static general equilibrium model developed in the Centre for Climate and Energy Analyses (CAKE) at the National Centre for Emission Management (KOBiZE). [ABSTRACT FROM AUTHOR]

Copyright of ACTA Scientiarum Polonorum Silvarum Colendarum Ratio et Industria Lignaria is the property of Poznan University of Life Sciences Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Business Consultant / Poslovni Konsultant is the property of FINconsult Ltd. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)