Activities of Paolo BORCHIA related to 2020/2043(INI)
Shadow opinions (1)
OPINION towards a WTO-compatible EU carbon border adjustment mechanism
Amendments (6)
Amendment 7 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the Paris Agreement, the Green Deal and the goal of achieving climate neutrality by 2050; notes the lack of international climate effortRegrets the lack of international efforts to achieve climate neutrality; notes that the EU is only responsible for 9% of global GHG emission levels and stresses that EU environmental efforts as well as competitiveness of EU economy will be offset by the non-compliance of other international major producers of GHG emissions unless binding tools are adopted to foster global commitment to reduce pollution levels; believes that an EU carbon border adjustment mechanism (‘the mechanism’) could incentivise international efforts to combat climate change;
Amendment 15 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Stresses that avoiding the risk of carbon leakage is a pre-condition for preserving EU industrial competitiveness, since it contributes to reducing emissions at the global level while keeping jobs and investments in Europe; stresses that strategic sectors such as steel are particularly exposed in terms of impact on their output and investment capacity;
Amendment 39 #
Draft opinion
Paragraph 3
Paragraph 3
3. Emphasises that decentralised climate actions can lead to carbon leakage and a competitive disadvantage on international markets for the EU industry; urges the Commission, therefore, Parliament and the Council to ensure full carbon-leakage protection by designing and adopting a carbon border adjustment mechanism as an additional and complementing measure to the existing carbon leakage measures and to consider the inclusion of export rebates in the mechanism;
Amendment 62 #
Draft opinion
Paragraph 4
Paragraph 4
4. Suggests a progressive mechanism that first includes sectors with the highest risk of carbon leakage before being enlarged over time; stresses that this should be applied to all third countries that do not have a carbon trading framework linked to the EU schemes and should not lead to internal market distortions;
Amendment 69 #
Draft opinion
Paragraph 5
Paragraph 5
5. Stresses the need to limit international retaliation measures against the EU caused by the mechanism; urges the Commission to make the mechanism World Trade Organization-compatible and to take a multilateral approach to its design, without prejudice to its effectiveness;
Amendment 92 #
Draft opinion
Paragraph 6
Paragraph 6
6. Underlines that the resources incurred by the mechanism are to be considered EU own resources; is convinced that these resources must be used for climate measuresto avoid that environmental non-compliance of third countries offsets the competitiveness of EU industry;