Montel Weekly
Montel Weekly - market insights from people in the know. Montel Weekly is a podcast dedicated to energy news from markets in Europe and beyond. Every week we invite key industry experts to share insights and to discuss latest developments. Hosted by Richard Sverrisson. Produced by Bled Maliqi & Sarah Knowles. Music by Laurence Walker and Ben Bower.
Montel Weekly
Carbon border tax: Europe's own goal?
The EU's carbon border adjustment mechanism (CBAM) is intended to address the issue of carbon leakage - preventing companies moving to jurisdictions with less stringent emissions rules - and to keep industrial sectors in the EU competitive by charging a carbon levy at its borders. But the inclusion of electricity could trigger several unintended consequences. Listen to a discussion on how the law could significantly affect electricity flows between non-EU and EU countries and impact investment in renewable energy. Could the border tax actually hinder moves to decarbonise Europe?
Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel
Guests: Phil Hewitt, Director Montel Analytics; Jean-Paul Harreman, Director Montel Analytics.