Your CBAM bill looks tiny right now - that's by design. The real cost jumps from 22.5% to 48.5% in a single year (2029 to 2030), and it compounds on inflated default values if you haven't verified your actual emissions yet. #CBAM#MintCarb#MintCarbPvtLtd
@iAmYashAggarwal Good point. Since 1 Jan 2026's definitive period, that indirect rep must hold authorised-declarant status itself before import - pre-authorisation (Art 5), not just contract nomination, is now the gate.
@JosephGDupont@DeanAllisonMP Worth adding: China's ETS still gives steel/cement/aluminum mostly free allowances, so little carbon price is actually paid - CBAM's Article 9 deduction only credits carbon actually paid, not just having an ETS. That's why Chinese steel still faces close to full default charges.
Canada still has no CBAM - not reluctance, but CUSMA: the US has no federal carbon price to match. Instead: tighten OBPS (~700 emitters) and study a border measure for non-CUSMA partners only. #Canada#CBAM#MintCarb#MintCarbPvtLtd
@iAmYashAggarwal Timely point: with Parliament's 15 Sept vote extending CBAM to ~450 downstream goods, this declarant-vs-customs-representative split now applies across a far longer contract chain. Worth mapping who carries the surrender duty before the 2028 expansion lands.
@ceram_uk Good policy signal. For context: Brazil's SBCE (Law 15.042/2024) is moving the opposite way - phasing in domestic credit obligations rather than a border mechanism, full rollout not until 2030-31. Leakage risk is becoming as much about sequencing as cost gaps.
Brazil has set Dec 2026 as the deadline to finalise rules for its SBCE carbon market (Law 15.042/2024). Full rollout isn't until 2030-31. Still unresolved: an insurer mandate under Supreme Court review, plus a looming credit supply gap. #Brazil#ESG#MintCarb#MintCarbPvtLtd
EU Parliament voted 464-50 to roughly triple CBAM's reach - raw steel/aluminium to ~450 finished goods (fasteners, wire, machinery, water heaters). The proposed safety valve for price shocks was rejected. Not law yet - effective 2028. #CBAM#EUParliament#MintCarb#MintCarbPvtLtd
@StephenMedlock5 Worth flagging - often misreported: EU CBAM importers haven't actually paid anything yet, still the reporting-only transition period. Certificate sales start 1 Feb 2027, first declaration due 30 Sept 2027. UK isn't trailing the EU's payment timeline as much as headlines suggest.
UK ETS has taxed domestic shipping (5,000+ GT, UK-to-UK) since 1 July 2026 - reserve price just rose £22->£28. But international voyages? Still just a 2028 proposal (50% of emissions, mirroring EU ETS) - not law yet. #UKETS#Shipping#MintCarb#MintCarbPvtLtd
Source: CE Delft, "FuelEU Maritime and EU ETS" - https://t.co/IrkOlkDvJo and Hellenic Shipping News, "EU ETS and FuelEU Maritime: The double dividend of LNG compliance in 2026" - https://t.co/AKV0D5XPlY
Shipping's two EU carbon rules don't agree on what counts: ETS taxes CO2 tank-to-wake, FuelEU grades all 3 GHGs well-to-wake. LNG saves ~EUR4/MWh in ETS AND banks a surplus (76-85 vs 89.34) - methane slip (0.2-7%) cuts both ways. #FuelEUMaritime#EUETS#MintCarb#MintCarbPvtLtd
As of 1 Sept 2026, zero CBAM verifiers were accredited in the EU - despite 24 bodies/15 states ready to apply. 3wks later, Greece's EmiCert became the first (all 6 sectors). One verifier, continent of demand, ~1yr to deadline. #CBAM#MintCarb#MintCarbPvtLtd
California's SB 253 deadline moved - CARB approved it in Feb, pulled it back to fix problems, reissued in July. Result: the first Scope 1/2 filing deadline shifted from 10 Aug to 10 Nov 2026. Source in reply. #SB253#ClimateDisclosure#MintCarb#MintCarbPvtLtd