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EMISSIONS: Norway Eyes EU CBAM Measures

EMISSIONS
BulletPower BulletsEnergy BulletsCommodities

Norway plans to introduce the EU's carbon tariff (CBAM) in the country, as advocated by industry, though the start date remains unclear, it said, cited by Montel.

  • Norway plans to introduce CBAM by 2025, but clarifications between EFTA countries and the EU are still needed, making the exact implementation date uncertain, according to Finance Minister Trygve Slagsvold Vedum.
  • For an early introduction, swift action on recruitment, system development, and procurement is needed. The government proposes allocating NOK 50mn (€4.3mn) for this in 2025.
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Norway plans to introduce the EU's carbon tariff (CBAM) in the country, as advocated by industry, though the start date remains unclear, it said, cited by Montel.

  • Norway plans to introduce CBAM by 2025, but clarifications between EFTA countries and the EU are still needed, making the exact implementation date uncertain, according to Finance Minister Trygve Slagsvold Vedum.
  • For an early introduction, swift action on recruitment, system development, and procurement is needed. The government proposes allocating NOK 50mn (€4.3mn) for this in 2025.