Paneldiscussion: Carbon Border Act

Speakers: David Boublil (EU Commission) Prof. Dr Reinhard Hüttl (GFZ Potsdam), Günther H. Oettinger (United Europe e.V.), Dr Alice Pirlot (University Oxford), Dr Martin Schneider (the German Cement Works Association)
Moderation: Kathrin Witsch (Handelsblatt Media Group)

In September 2020, the European Commission presented its 2030 Climate Target Plan that has raised the climate ambitions up to a 55% target. As international partners may not follow such ambitious goals, the Commission wants to implement a carbon boarder adjustment mechanism to reduce risk of carbon leakage.
The Würth Group pleads for a general ban on goods or services on the European Single Market that do not meet the requirements with regard to the CO2-footprint and consequently move away from the approach of a CO2-tax, which would lead to an additional burden for European enterprises. A better steering effect could be achieved through specific, legally binding product requirements that make a careful measuring of a product’s CO2 footprint possible.
A regulation would furthermore provide incentives for enterprises to invest in innovative and CO2-neutral products in order to generate a competitive advantage.
During this joint event we would like to discuss the proposal of the Commission with experts from politics, science, and business.
The event will be broadcast on Zoom.