En En Amendments 1

European Parliament 2019-2024

Committee on Economic and Monetary Affairs

2020/2043(INI)

11.11.2020

AMENDMENTS 1 - 115

Draft opinion Luis Garicano (PE657.390v01-00)

Towards a WTO-compatible EU carbon border adjustment mechanism (2020/2043(INI))

AM\1217687EN.docx PE660.214v01-00

EN United in diversityEN AM_Com_NonLegOpinion

PE660.214v01-00 2/56 AM\1217687EN.docx EN Amendment 1 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph -1 (new)

Draft opinion Amendment

-1. Whereas the EU Member States grant many subsidies to the intensive industries through fiscal support, including tax breaks for energy use, and price and income support for energy intensive companies and processes1a; ______1a CAN Europe, « European Fat Cats : EU energy intensive industrie : paid to pollute, not to decarbonise », April 2018

Or. en

Amendment 2 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph -1 a (new)

Draft opinion Amendment

-1 a. Whereas excess emission allowances that industry actors initially received leads to an unreasonable amount of windfall profits (over 25 billion euros during 2008- 2015)1b; ______1b CAN Europe, « European Fat Cats : EU energy intensive industrie : paid to pollute, not to decarbonise », April 2018

Or. en

Amendment 3

AM\1217687EN.docx 3/56 PE660.214v01-00 EN Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph -1 b (new)

Draft opinion Amendment

-1 b. Whereas intensive industries are responsible for a high proportion of the total energy consumed globally (37%) and the high proportion of air pollution produced, roughly a fifth of total greenhouse gas emissions;

Or. en

Amendment 4 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph -1 c (new)

Draft opinion Amendment

-1 c. Whereas air pollution has major consequences on health; causing each year 231,554 premature deaths in the EU due to air pollution, almost a quarter of which comes from energy intensive industry;

Or. en

Amendment 5 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph -1 d (new)

Draft opinion Amendment

-1 d. Whereas air pollution has significant economic costs, with an

PE660.214v01-00 4/56 AM\1217687EN.docx EN average annual health costs amounting to at least €215 billion;

Or. en

Amendment 6 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that the carbon border carbon border adjustment mechanism adjustment mechanism (CBAM) should be (CBAM) should be to support the EU’s shelved until COVID has been eradicated green objectives by fighting carbon and the European economies have fully leakage; relaunched, signified by a growth of 2.5 percent of GDP on average during the course of 3 years;

Or. en

Amendment 7 Danuta Maria Hübner

Draft opinion Paragraph 1

Draft opinion Amendment

Or. en

Amendment 8 Luděk Niedermayer

Draft opinion Paragraph 1

AM\1217687EN.docx 5/56 PE660.214v01-00 EN Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that main aims of the carbon border adjustment mechanism carbon border adjustment mechanism (CBAM) should be to support the EU’s (CBAM) should be to support the EU’s green objectives by fighting carbon green objectives by fighting carbon leakage leakage; and creating a level playing field between domestic and foreign producers, which would promote the competitiveness of companies based in the EU and low- carbon production within the EU.

Or. en

Amendment 9 Eero Heinäluoma

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that the main aim of the carbon border adjustment mechanism carbon border adjustment mechanism (CBAM) should be to support the EU’s (CBAM) should be to support the EU’s green objectives by fighting carbon green objectives by addressing carbon leakage; leakage, increasing demand for low carbon processes and products and reducing the carbon content of products; believes that an ultimate aim should be to work towards a global climate policy with a global carbon price;

Or. en

Amendment 10 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that the main aim of the carbon border adjustment mechanism carbon border adjustment mechanism

PE660.214v01-00 6/56 AM\1217687EN.docx EN (CBAM) should be to support the EU’s (CBAM) should be to support the EU’s green objectives by fighting carbon green objectives by incentivising the leakage; reduction of imports greenhouse gas (GHG) emissions and investments in green and energy efficient technology at European and global levels ;

Or. en

Amendment 11 Joachim Schuster

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Welcomes the European goal of carbon border adjustment mechanism achieving a socially just transition to (CBAM) should be to support the EU’s climate neutrality by 2050 as well as the green objectives by fighting carbon 60%-goal for 2030; notes with concern leakage; the lack of ambition in climate efforts in EU economic policy as well as in many other policy spheres; calls for the Paris Agreement and its 1.5 percent goal to become the guiding principle of economic policy to which all initiatives must be adjusted; Believes that the main aim of the carbon border adjustment mechanism (CBAM) should be to support the EU’s green objectives by fighting carbon leakage; underlines that a universal system needs to be the final goal of the initiative since decentral climate protection measures will not have the desired effect and would only result in carbon leakage as well as have disadvantageous effects on European industries; thus suggests the externalisation of the EU emissions trading system (EU ETS) as a possible CBAM; expects the Commission to initiate negotiations for a global approach within the framework of the WTO or the G20;

Or. en

AM\1217687EN.docx 7/56 PE660.214v01-00 EN Amendment 12 Manon Aubry

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Recalls the international carbon border adjustment mechanism obligations of the Union under the Paris (CBAM) should be to support the EU’s Agreement; acknowledges the Green green objectives by fighting carbon Deal, the goal of achieving climate leakage; neutrality by 2050 and the newly announced target as voted by the European Parliament of at least 60% reduction of greenhouse gas emissions by 2030; notes the lack of international climate efforts to limit global warming to 1.5 C; believes that the main aim of the carbon border adjustment mechanism (CBAM) should be to support the EU’s green objectives and fight climate change, notably by fighting carbon leakage;

Or. en

Amendment 13 Sirpa Pietikäinen

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that the main aim of the carbon border adjustment mechanism carbon border adjustment mechanism (CBAM) should be to support the EU’s (CBAM) should be to support the EU’s green objectives by fighting carbon green objectives by fighting carbon leakage; leakage; stresses that the CBAM should come with a 2050 decarbonisation target and required transition plans for the EU industry;

Or. en

PE660.214v01-00 8/56 AM\1217687EN.docx EN Amendment 14 Bogdan Rzońca

Draft opinion Paragraph 1

Draft opinion Amendment

1. Believes that the main aim of the 1. Believes that the main aim of the carbon border adjustment mechanism carbon border adjustment mechanism (CBAM) should be to support the EU’s (CBAM) should be to support the EU’s green objectives by fighting carbon green objectives by fighting global GHG leakage; emissions, enabling just transition and pursuing the key objective of the strategic resilience of the EU;

Or. en

Amendment 15 Jessica Stegrud

Draft opinion Paragraph 1

Draft opinion Amendment

Or. en

Amendment 16 Agnès Evren

Draft opinion Paragraph 1

Draft opinion Amendment

AM\1217687EN.docx 9/56 PE660.214v01-00 EN green objectives by fighting carbon green objectives and achieve the climate leakage; objectives set out in the Paris Agreement by fighting carbon leakage;

Or. fr

Amendment 17 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 1

Draft opinion Amendment

Or. en

Amendment 18 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 1 a (new)

Draft opinion Amendment

1 a. Believes that there is no need for a CBAM under the Paris Agreement since all countries have agreed to implement relevant emissions policies; believes that the introduction of a CBAM would constitute a motion of no-confidence of the EU towards all third countries; recalls that the European Green Deal Communication stipulates that third countries should share the same climate ambition as the EU;

Or. en

PE660.214v01-00 10/56 AM\1217687EN.docx EN Amendment 19 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 1 b (new)

Draft opinion Amendment

1 b. Believes that the introduction of a CBAM protects expensive green production in energy-intensive sectors in the EU from cheaper carbon intensive alternatives, and therefore reduces competitive pressure to drive down the price; rejects therefore the CBAM as a tool fostering green protectionism;

Or. en

Amendment 20 Agnès Evren

Draft opinion Paragraph 1 a (new)

Draft opinion Amendment

1a. Believes that the CBAM is the appropriate instrument to contribute effectively to a global reduction in greenhouse gases;

Or. fr

Amendment 21 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 1 a (new)

Draft opinion Amendment

1 a. Welcomes the Commission’s intention to propose a CBAM that would ensure that the price of imports reflect

AM\1217687EN.docx 11/56 PE660.214v01-00 EN more accurately their carbon content;

Or. en

Amendment 22 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 1 b (new)

Draft opinion Amendment

1 b. Insists on the need for a CBAM compatible with World Trade Organization (WTO) rules, since WTO rules do not discriminate between producers, are based on objective criteria and have a clear environmental objective.

Or. en

Amendment 23 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 1 c (new)

Draft opinion Amendment

1 c. Notes the diversity of policy instruments allowing to implement a CBAM, ranging from tax instruments to mechanisms relying to the EU Emission Trade System (EU ETS), for example: (i) an import tax, which could be a simple tool to give a strong and stable environmental price signal to administer while being WTO compatible as long it would echo the impact of the EU ETS price per ton (ii) an excise duty on carbon, which could be applied to GHG emissions content of products and would send a stable price signal.Such excise duty could allow EU exports to maintain their competitiveness

PE660.214v01-00 12/56 AM\1217687EN.docx EN and maintain the EU environmental incentives while allowing EU producers to operate on a level playing field both within and outside the EU via a system of reconciliation between allowances bought and excise duty paid, as well as legitimate deductions (iii) notional ETS that would create a parallel system mirroring the EUETS prices without distorting the EU ETS allowances price balance

Or. en

Amendment 24 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 1 d (new)

Draft opinion Amendment

1 d. Should the CBAM be of fiscal nature, welcomes the possibility to propose a mechanism based on article 192(2) TFEU in order to create a more efficient and democratic decision making procedure in EU energy and climate policy;

Or. en

Amendment 25 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM should implemented as an extension of the EU not be implemented, especially during the emissions trading system (EU ETS), COVID-crisis, since it will inevitably lead which would require importers to to higher consumer prices, which will purchase allowances for the volume of deteriorate the already precarious carbon emissions incorporated in their financial situation of many EU citizens

AM\1217687EN.docx 13/56 PE660.214v01-00 EN products; notes that the mechanism and families; should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 26 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Notes that a CBAM implemented implemented as an extension of the EU as an extension of the EU ETS would emissions trading system (EU ETS), require importers to purchase allowances which would require importers to purchase for the volume of carbon emissions allowances for the volume of carbon incorporated in their products; notes that emissions incorporated in their products; such mechanism encompasses risks of notes that the mechanism should ensure a foreign interference into the EU ETS single carbon price, both for domestic balance; producers and importers;

Or. en

Amendment 27 Manon Aubry

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be created implemented as an extension of the EU as an alternative to the EU emissions emissions trading system (EU ETS), which trading system (EU ETS) which has would require importers to purchase proven to be highly ineffective in allowances for the volume of carbon increasing the carbon price; stresses the emissions incorporated in their products; need for the mechanism to include the notes that the mechanism should ensure a emissions resulting from transport in the single carbon price, both for domestic carbon content pricing; urges the producers and importers; mechanism to aim for a reduction of EU share of imported emissions; notes that the mechanism should ensure a single carbon price, both for domestic producers and

PE660.214v01-00 14/56 AM\1217687EN.docx EN importers;

Or. en

Amendment 28 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Calls on the Commission to assess implemented as an extension of the EU all different options for the introduction emissions trading system (EU ETS), which of a carbon border adjustment would require importers to purchase mechanism, including, among others, an allowances for the volume of carbon extension of the EU emissions trading emissions incorporated in their products; system (EU ETS) which would require notes that the mechanism should ensure a importers to purchase allowances for the single carbon price, both for domestic volume of carbon emissions incorporated producers and importers; in their products; notes that the mechanism should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 29 Sirpa Pietikäinen

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be implemented as an extension of the EU implemented as an extension of the EU emissions trading system (EU ETS), which emissions trading system (EU ETS), which would require importers to purchase would require importers to purchase allowances for the volume of carbon allowances for the volume of carbon emissions incorporated in their products; emissions incorporated in their products; notes that the mechanism should ensure a emphasizes that the EU ETS shall single carbon price, both for domestic accelerate, through a rebasing of the cap producers and importers; and adjustment of the Linear Reduction Factor resulting in ambitious and meaningful carbon pricing, reaching the

AM\1217687EN.docx 15/56 PE660.214v01-00 EN necessary GHG emissions reduction in line with the updated 2030Union climate target and the objective of net zero GHG emissions within the Union by 2050; notes that the mechanism should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 30 Agnès Evren

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be implemented as an extension of the EU implemented as an extension of the EU emissions trading system (EU ETS), which emissions trading system (EU ETS), which would require importers to purchase would require importers to purchase allowances for the volume of carbon allowances for the volume of carbon emissions incorporated in their products; emissions incorporated in their products; notes that the mechanism should ensure a notes that the mechanism should ensure a single carbon price, both for domestic single carbon price, both for domestic producers and importers; producers and importers; believes that any CBAM must not place an undue burden on European enterprises, especially small and medium-sized enterprises (SMEs);

Or. fr

Amendment 31 Christophe Hansen, Isabel Benjumea Benjumea, Sven Simon, Danuta Maria Hübner, Luděk Niedermayer, Jessica Polfjärd

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be implemented as an extension of the EU implemented as a complementary measure emissions trading system (EU ETS), which to the EU emissions trading system (EU would require importers to purchase ETS), which would require importers to

PE660.214v01-00 16/56 AM\1217687EN.docx EN allowances for the volume of carbon purchase allowances from a specific emissions incorporated in their products; virtual pool mirroring the EU carbon notes that the mechanism should ensure a price, as long as third countries do not single carbon price, both for domestic have a cap and trade system comparable producers and importers; to the EU ETS for the volume of carbon emissions incorporated in their products; notes that the mechanism should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 32 Jessica Stegrud

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be implemented as an extension of the EU implemented as an extension of the EU emissions trading system (EU ETS), which emissions trading system (EU ETS), which would require importers to purchase would require importers to purchase allowances for the volume of carbon allowances for the volume of carbon emissions incorporated in their products; emissions incorporated in their products; notes that the mechanism should ensure a notes that the mechanism should ensure a single carbon price, both for domestic single carbon price, both for domestic producers and importers; producers and importers; as a result, the total amount of emission allowances would increase correspondingly in order to avoid a sudden leap in prices;

Or. en

Amendment 33 Bogdan Rzońca

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that - to achieve the WTO implemented as an extension of the EU requirements of non-discrimination of emissions trading system (EU ETS), which foreign exporters - the CBAM be

AM\1217687EN.docx 17/56 PE660.214v01-00 EN would require importers to purchase implemented as complementary allowances for the volume of carbon mechanism to the EU emissions trading emissions incorporated in their products; system (EU ETS), for example by notes that the mechanism should ensure a requiring importers to purchase single carbon price, both for domestic allowances similar to the ETS for the producers and importers; volume of carbon emissions related to their products; notes that the mechanism should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 34 Eero Heinäluoma

Draft opinion Paragraph 2

Draft opinion Amendment

2. Proposes that the CBAM be 2. Proposes that the CBAM be implemented as an extension of the EU implemented as an extension of the EU emissions trading system (EU ETS), which emissions trading system (EU ETS) would require importers to purchase through the creation of a dedicated pool allowances for the volume of carbon of allowances for imports, which would emissions incorporated in their products; require importers to purchase allowances notes that the mechanism should ensure a for the volume of carbon emissions single carbon price, both for domestic incorporated in their products; notes that producers and importers; the mechanism should ensure a single carbon price, both for domestic producers and importers;

Or. en

Amendment 35 Clara Ponsatí Obiols

Draft opinion Paragraph 2 a (new)

Draft opinion Amendment

2 a. Stresses the importance of establishing a CBAM as a mirror to the EU ETS in order to create a level playing field between domestic producers and

PE660.214v01-00 18/56 AM\1217687EN.docx EN importers; notes, nevertheless, that this should imply a revision of the EU ETS to avoid the extension of its weaknesses to CBAM; highlights, in this respect, that the EU ETS has not been fully effective to reach the emission reduction targets; notes the difference between the theoretical emission cap and the actual current emissions; suggests that the suppression of free allocation emission allowances, as well as the full extension of the EU ETS to other sectors such as aviation and other transport, should be considered;

Or. en

Amendment 36 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 2 a (new)

Draft opinion Amendment

2 a. Reminds the drastic drop in price of EU Allowances in 2020 as a result of the economic downturn induced by COVID-19 related lockdown measures, recalls the unstable features of the EU ETS price signal and therefore calls for any CBAM policy instrument to ensure a price floor per tonne of CO2 is paid and reflects the future upward necessary price adjustments, recalls in this context that the CBAM proposal should be proposed together with a revision of the EU ETS;

Or. en

Amendment 37 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 2 a (new)

AM\1217687EN.docx 19/56 PE660.214v01-00 EN Draft opinion Amendment

2 a. Calls on the Commission to conduct an in-depth impact assessment on the environmental and health-related impacts of the different forms of the mechanism; advises the Commission to take this environmental criterion as the leading factor in the choice of the form of the mechanism; calls on the Commission to make the results of the impact assessment publicly available as soon as possible, and before the publication of its legislative proposal;

Or. en

Amendment 38 Manon Aubry

Draft opinion Paragraph 2 a (new)

Draft opinion Amendment

2 a. Underlines that the mechanism should be part of wider set of policies to achieve the decarbonisation of our economy; calls for a revision of EU State Aids rules to ensure proper support to the constitution of a strong decarbonized industrial base in the Union; urges the mechanism to aim for a reduction of EU share of imported emissions, which implies a reduction in value chains and their length;

Or. en

Amendment 39 Jessica Stegrud

Draft opinion Paragraph 3

PE660.214v01-00 20/56 AM\1217687EN.docx EN Draft opinion Amendment

3. Urges that the proposed CBAM deleted apply to all imports in order to avoid distortion in the internal market;

Or. en

Amendment 40 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid should not apply to any imports in order to distortion in the internal market; avoid distortion in the internal market;

Or. en

Amendment 41 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Invites the Commission to assess apply to all imports in order to avoid the impact of a CBAM applied to all distortion in the internal market; imports, however urges to ensure at least all energy intensive sectors are included in an early phase of implementation in order to ensure the EU environmental objectives are rapidly reached;

Or. en

Amendment 42 Manon Aubry

Draft opinion

AM\1217687EN.docx 21/56 PE660.214v01-00 EN Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Suggests a progressive mechanism apply to all imports in order to avoid that first includes sectors which are distortion in the internal market; emissions intensive and with the highest risk of carbon leakage, before being enlarged over time to encompass all imports; underlines that the proposed CBAM should end up applying to all imports in order to avoid distortion in the internal market;

Or. en

Amendment 43 Luděk Niedermayer

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Considers that a CBAM should apply to all imports in order to avoid cover all imports, but that as a starting distortion in the internal market; point already by 2023 it should cover the power sector and energy-intensive industrial sectors like cement, steel, chemicals and fertilisers, which still represent 94% of Union industrial emissions;

Or. en

Amendment 44 Christophe Hansen, Isabel Benjumea Benjumea, Sven Simon, Inese Vaidere, Jessica Polfjärd

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Considers that a CBAM should apply to all imports in order to avoid cover all imports, but that as a starting

PE660.214v01-00 22/56 AM\1217687EN.docx EN distortion in the internal market; point already by 2023 it should cover the power sector and energy-intensive industrial sectors like cement, steel, chemicals and fertilisers, which continue to receive substantial free allocations, and still represent 94% of Union industrial emissions;

Or. en

Amendment 45 Danuta Maria Hübner

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Considers that a CBAM should apply to all imports in order to avoid eventually cover all imports; but that as a distortion in the internal market; starting point it should cover for example energy-intensive industrial sectors like cement, steel, chemicals and fertilisers;

Or. en

Amendment 46 Eero Heinäluoma

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM be apply to all imports in order to avoid based on a thorough impact assessment, distortion in the internal market; which assesses the impact of different options also at sector level; believes that the CBAM should be applied gradually, first applying to select products related to carbon leakage sectors; urges that the proposed CBAM avoid distortion in the internal market;

Or. en

AM\1217687EN.docx 23/56 PE660.214v01-00 EN Amendment 47 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid first includes sectors with the highest distortion in the internal market; share of carbon emissions before being enlarged over time; stresses that this should not lead to internal market distortions and should be conditional on immediate ending of free allowances and state aid for indirect cost compensation to these sectors;

Or. en

Amendment 48 Sirpa Pietikäinen

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid apply to all sectors covered by the EU ETS distortion in the internal market; in order to avoid distortion in the internal market; considers that the CBAM may also cover products containing large amounts of these energy-intensive commodities that may be particularly at risk of carbon leakage;

Or. en

Amendment 49 Clara Ponsatí Obiols

Draft opinion

PE660.214v01-00 24/56 AM\1217687EN.docx EN Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid apply to all imports in order to avoid distortion in the internal market; distortion in the internal market; stresses the need to address the inclusion of shipping emissions into these imports, additionally to the product-based ones;

Or. en

Amendment 50 Bogdan Rzońca

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid eventually apply to all imports in order to distortion in the internal market; avoid distortion in the internal market, starting with a few pilot sectors, such as steel, cement, fertilizers and electricity;

Or. en

Amendment 51 Luis Garicano

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that any import embedding apply to all imports in order to avoid materials covered by the EU ETS be distortion in the internal market; subject to the CBAM in order to avoid distortions between products in the internal market and along the value chain;

Or. en

AM\1217687EN.docx 25/56 PE660.214v01-00 EN Amendment 52 Agnès Evren

Draft opinion Paragraph 3

Draft opinion Amendment

3. Urges that the proposed CBAM 3. Urges that the proposed CBAM apply to all imports in order to avoid apply to all imports in order to avoid distortion in the internal market; distortion in the internal market and that it guarantee the competitiveness of the European economy;

Or. fr

Amendment 53 Sirpa Pietikäinen

Draft opinion Paragraph 3

Draft opinion Amendment

Or. en

Amendment 54 Niels Fuglsang, Paul Tang

Draft opinion Paragraph 3 a (new)

Draft opinion Amendment

3 a. Notes that the determination of the carbon content of an end or intermediate product is difficult due to international value chains; further notes with concern that a mechanism only based on basic materials could lead to a shift in imports towards intermediate and end products not covered by the mechanism and harm

PE660.214v01-00 26/56 AM\1217687EN.docx EN the EU industry;

Or. en

Amendment 55 Joachim Schuster

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Calls for a calculation method for introduced that measures the carbon carbon contents that does not content of imports through their basic disadvantage European producers; calls materials composition (as outlined in the for a calculation method that takes into proposal from the European Economic account to the highest possible extent the and Social Committee); recalls that this real carbon content of the goods feasible approximation would weigh each concerned; suggests that an independent basic material covered by the EU ETS and agency should be responsible for the multiply it by its carbon intensity value – definition of the most realistic carbon which ideally should be defined at country content of goods as well as the level; stresses, however, that importers determination of the respective good’s who are more carbon efficient should be market entry price; calls for the inclusion allowed to demonstrate the specific of existing third country carbon pricing carbon intensity of their products; systems in the calculation; asks the Commission to consider evaluating all products according to a worst-in-class approach, i.e. assume the most emission- rich production method and thus provide an incentive for producers to share information on their products carbon content in order to pay a lower carbon border adjustment;

Or. en

Amendment 56 Manon Aubry

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Notes the proposal from the

AM\1217687EN.docx 27/56 PE660.214v01-00 EN introduced that measures the carbon European Economic and Social content of imports through their basic Committee to introduce a design that materials composition (as outlined in the measures the carbon content of imports proposal from the European Economic through their basic materials composition; and Social Committee); recalls that this recalls that this approximation would feasible approximation would weigh each weigh each basic material covered by the basic material covered by the EU ETS and EU ETS and multiply it by its carbon multiply it by its carbon intensity value – intensity value – which could be defined at which ideally should be defined at country country level; stresses, however, that level; stresses, however, that importers importers who are more carbon efficient who are more carbon efficient should be should be allowed to demonstrate the allowed to demonstrate the specific carbon specific carbon intensity of their products; intensity of their products; stresses the importance to also measure and include in the mechanism the emissions resulting from transport;

Or. en

Amendment 57 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that measures the carbon content of imports through their basic content of imports through their basic materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at country level; stresses, however, that importers who and sector levels; stresses, however, that are more carbon efficient should be importers who are more carbon efficient allowed to demonstrate the specific carbon should be allowed to demonstrate the intensity of their products; specific carbon intensity of their products; is of the opinion that a CBAM would require a strong independent infrastructure to be administered , in particular as regard to the measurement of carbon content of imports, certifications, double taxation and/or the existence of an equivalent carbon pricing

PE660.214v01-00 28/56 AM\1217687EN.docx EN system in the country of imports origin;

Or. en

Amendment 58 Bogdan Rzońca

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that imposes CBAM on any content of imports through their basic carbon footprint of imports above an EU materials composition (as outlined in the benchmark; stresses, however, that proposal from the European Economic importers who are more carbon efficient and Social Committee); recalls that this should be allowed to demonstrate the feasible approximation would weigh each specific carbon intensity of their products; basic material covered by the EU ETS and multiply it by its carbon intensity value – which ideally should be defined at country level; stresses, however, that importers who are more carbon efficient should be allowed to demonstrate the specific carbon intensity of their products;

Or. en

Amendment 59 Sirpa Pietikäinen

Draft opinion Paragraph 4

Draft opinion Amendment

AM\1217687EN.docx 29/56 PE660.214v01-00 EN which ideally should be defined at country which ideally should be defined at country level; stresses, however, that importers level; stresses, however, that importers who are more carbon efficient should be who are more carbon efficient should be allowed to demonstrate the specific carbon allowed to demonstrate the specific carbon intensity of their products; intensity of their products; furthermore, considers that importers should have the option to prove, in accordance with EU standards for MRV, that the carbon content of their products is lower than the benchmark, and avail of a CBAM price adapted accordingly;

Or. en

Amendment 60 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that measures as objectively content of imports through their basic and precisely as possible the carbon materials composition (as outlined in the content of imports including the whole proposal from the European Economic value-chain of products; stresses that and Social Committee); recalls that this importers who consider to be more carbon feasible approximation would weigh each efficient than what is assessed should be basic material covered by the EU ETS and allowed to demonstrate the specific carbon multiply it by its carbon intensity value – intensity of their products; which ideally should be defined at country level; stresses, however, that importers who are more carbon efficient should be allowed to demonstrate the specific carbon intensity of their products;

Or. en

Amendment 61 Clara Ponsatí Obiols

Draft opinion Paragraph 4

PE660.214v01-00 30/56 AM\1217687EN.docx EN Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that measures the carbon content of imports through their basic content of imports through their basic materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at EU level; stresses, however, that importers level; stresses, however, that importers who are more carbon efficient should be who are more carbon efficient should be allowed to demonstrate the specific carbon allowed to demonstrate the specific carbon intensity of their products; intensity of their products; this flexible system should be based on objective and harmonized parameters, such as with the establishment of a range of values multiplier rather than a fixed one;

Or. en

Amendment 62 Eero Heinäluoma

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that measures the carbon content of imports through their basic content of imports through their basic materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at country level; stresses, however, that importers level; stresses, however, that importers who are more carbon efficient should be who are more carbon efficient should be allowed to demonstrate the specific carbon allowed to demonstrate the specific carbon intensity of their products; intensity of their products, so as to encourage innovation and investments into greener technologies globally;

AM\1217687EN.docx 31/56 PE660.214v01-00 EN Or. en

Amendment 63 Jessica Stegrud

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design introduced that measures the carbon be evaluated that measures the carbon content of imports through their basic content of imports through their basic materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at country level; stresses, however, that importers level; stresses, however, that importers who are more carbon efficient should be who are more carbon efficient should be allowed to demonstrate the specific carbon allowed to demonstrate the specific carbon intensity of their products; intensity of their products; the suggested design would serve as a basis for negotiations with the WTO;

Or. en

Amendment 64 Luděk Niedermayer

Draft opinion Paragraph 4

Draft opinion Amendment

PE660.214v01-00 32/56 AM\1217687EN.docx EN which ideally should be defined at country which ideally should be defined at level; stresses, however, that importers producer level, which will reward firms by who are more carbon efficient should be its carbon efficiency; whereas, should this allowed to demonstrate the specific not be feasible, the country level with carbon intensity of their products; possible adjustment for different levels of carbon efficiency should be used.

Or. en

Amendment 65 Luis Garicano

Draft opinion Paragraph 4

Draft opinion Amendment

4. Recommends that a design be 4. Recommends that a design be introduced that measures the carbon introduced that measures the carbon content of imports through their basic content of each import through its basic materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at country level; stresses, however, that importers level; stresses, however, that importers who are more carbon efficient should be who are more carbon efficient should be allowed to demonstrate the specific carbon allowed to demonstrate the specific carbon intensity of their products; intensity of their products;

Or. en

Amendment 66 Christophe Hansen, Isabel Benjumea Benjumea, Sven Simon, Inese Vaidere, Danuta Maria Hübner

Draft opinion Paragraph 4

Draft opinion Amendment

AM\1217687EN.docx 33/56 PE660.214v01-00 EN materials composition (as outlined in the materials composition (as outlined in the proposal from the European Economic and proposal from the European Economic and Social Committee); recalls that this feasible Social Committee); recalls that this feasible approximation would weigh each basic approximation would weigh each basic material covered by the EU ETS and material covered by the EU ETS and multiply it by its carbon intensity value – multiply it by its carbon intensity value – which ideally should be defined at country which ideally should be defined at level; stresses, however, that importers producer level; stresses, however, that who are more carbon efficient should be importers who are more carbon efficient allowed to demonstrate the specific carbon should be allowed to demonstrate the intensity of their products; specific carbon intensity of their products;

Or. en

Amendment 67 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation 5. Believes that the implementation of of the CBAM should lead to the the CBAM would be an obstacle to the progressive phasing out of the free reindustrialisation of Europe; allocation of allowances, following an appropriate transition period, since the mechanism ensures that EU producers and importers would have to deal with the same carbon costs in the EU market; notes that this phasing out should be coupled in parallel with the introduction of export rebates in order to maintain strong decarbonisation incentives, while ensuring a level playing field for EU exports;

Or. en

Amendment 68 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 5

PE660.214v01-00 34/56 AM\1217687EN.docx EN Draft opinion Amendment

5. Requests that the implementation 5. Believes in the principle that EU of the CBAM should lead to the producers and importers should have to progressive phasing out of the free deal with the same carbon cost in the EU allocation of allowances, following an market and that EU exporters should face appropriate transition period, since the the same carbon cost as non-EU mechanism ensures that EU producers and producers outside the EU market; importers would have to deal with the same requests, therefore that the carbon costs in the EU market; notes that implementation of an effective CBAM in this phasing out should be coupled in a specific sector should put an end to the parallel with the introduction of export free allocation of allowances in that rebates in order to maintain strong sector and calls on the Commission to decarbonisation incentives, while assess and propose the introduction of ensuring a level playing field for EU support measures to exports that would exports; remain WTO compliant and in coherence with EU environmental objectives;

Or. en

Amendment 69 Christophe Hansen, Isabel Benjumea Benjumea, Sven Simon, Danuta Maria Hübner, Esther de Lange

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation 5. Until at least 2030, the CBAM of the CBAM should lead to the framework should be an additional progressive phasing out of the free measure to the existing carbon leakage allocation of allowances, following an measures under the EU ETS; if after 2030 appropriate transition period, since the global markets for carbon lean products mechanism ensures that EU producers and are put in place, the CBAM could lead to importers would have to deal with the the gradual phasing out of the free same carbon costs in the EU market; notes allocation of allowances; the mechanism that this phasing out should be coupled in intends to ensure that EU producers and parallel with the introduction of export importers would have to deal with similar rebates in order to maintain strong carbon costs; notes that this phasing out decarbonisation incentives, while ensuring should be coupled in parallel with the a level playing field for EU exports; introduction of export rebates in order to maintain strong decarbonisation incentives;

Or. en

AM\1217687EN.docx 35/56 PE660.214v01-00 EN Amendment 70 Jessica Stegrud

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation 5. Notes that the implementation of of the CBAM should lead to the the CBAM would fundamentally change progressive phasing out of the free the concept of the EU-ETS and broaden allocation of allowances, following an its scope, which would motivate a appropriate transition period, since the thorough evaluation of the system as mechanism ensures that EU producers such; notes that a drastic and premature and importers would have to deal with the change of EU-ETS risks to undermine its same carbon costs in the EU market; efficiency and long-term credibility; notes that this phasing out should be coupled in parallel with the introduction of export rebates in order to maintain strong decarbonisation incentives, while ensuring a level playing field for EU exports;

Or. en

Amendment 71 Manon Aubry

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation of 5. Requests that the implementation of the CBAM should lead to the progressive the CBAM should lead to the progressive phasing out of the free allocation of phasing out of the free allocation of allowances, following an appropriate allowances, following an appropriate transition period, since the mechanism transition period, since the mechanism ensures that EU producers and importers ensures that EU producers and importers would have to deal with the same carbon would have to deal with the same carbon costs in the EU market; notes that this costs in the EU market; phasing out should be coupled in parallel with the introduction of export rebates in order to maintain strong decarbonisation incentives, while ensuring a level playing field for EU exports;

Or. en

PE660.214v01-00 36/56 AM\1217687EN.docx EN Amendment 72 Bogdan Rzońca

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation 5. Requests that the calculation of the of the CBAM should lead to the CBAM should be reconciled with free progressive phasing out of the free allocation of allowances, since this allocation of allowances, following an approach would ensure that EU producers appropriate transition period, since the and importers would deal with the same mechanism ensures that EU producers and carbon costs in the EU market; notes that importers would have to deal with the this approach would avoid the problems same carbon costs in the EU market; notes with the WTO-consistency of export that this phasing out should be coupled in rebates; parallel with the introduction of export rebates in order to maintain strong decarbonisation incentives, while ensuring a level playing field for EU exports;

Or. en

Amendment 73 Luis Garicano

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation of 5. Requests that the implementation of the CBAM should lead to the progressive the CBAM should lead to the progressive phasing out of the free allocation of phasing out of the free allocation of allowances, following an appropriate allowances, following an appropriate transition period, since the mechanism transition period, since the mechanism ensures that EU producers and importers ensures that EU producers and importers would have to deal with the same carbon would have to deal with the same carbon costs in the EU market; notes that this costs in the EU market; notes that this phasing out should be coupled in parallel phasing out should be coupled with the introduction of export rebates in symmetrically with the introduction of order to maintain strong decarbonisation partial export rebates; such export rebates incentives, while ensuring a level playing should not refund more than the current field for EU exports; level of free allowances, in order to

AM\1217687EN.docx 37/56 PE660.214v01-00 EN maintain strong decarbonisation incentives, while ensuring a level playing field for EU exports;

Or. en

Amendment 74 Sirpa Pietikäinen

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation of 5. Requests that the implementation of the CBAM should lead to the progressive the CBAM should lead to the progressive phasing out of the free allocation of phasing out of the free allocation of allowances, following an appropriate allowances, following an appropriate transition period, since the mechanism transition period, since the mechanism ensures that EU producers and importers ensures that EU producers and importers would have to deal with the same carbon would have to deal with the same carbon costs in the EU market; notes that this costs in the EU market; notes that this phasing out should be coupled in parallel phasing out should be coupled in parallel with the introduction of export rebates in with the introduction of export rebates in order to maintain strong decarbonisation order to maintain strong decarbonisation incentives, while ensuring a level playing incentives, while ensuring a level playing field for EU exports; field for EU exports, as well as preventing any potential undermining of global climate policies by carbon leakage;

Or. en

Amendment 75 Luděk Niedermayer

Draft opinion Paragraph 5

Draft opinion Amendment

PE660.214v01-00 38/56 AM\1217687EN.docx EN would have to deal with the same carbon would have to deal with the same carbon costs in the EU market; notes that this costs in the EU market; notes that these phasing out should be coupled in parallel measures do not ensure a level playing with the introduction of export rebates in field for EU exporters; asks European order to maintain strong decarbonisation Commission to propose a set of measures, incentives, while ensuring a level playing which will ensure strong incentives for field for EU exports; decarbonisation outside and within the EU, to provide a level playing field for EU exports.

Or. en

Amendment 76 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 5

Draft opinion Amendment

5. Requests that the implementation 5. Insists that the implementation of of the CBAM should lead to the the CBAM should lead to the immediate progressive phasing out of the free phasing out of the free allocation of allocation of allowances, following an allowances, since the mechanism ensures appropriate transition period, since the that EU producers and importers would mechanism ensures that EU producers and have to deal with the same carbon costs in importers would have to deal with the same the EU market; opposes any introduction carbon costs in the EU market; notes that of export rebates, which would undermine this phasing out should be coupled in the core objective of the mechanism, by parallel with the introduction of export reducing incentives for exporting rebates in order to maintain strong industries to decrease their climate decarbonisation incentives, while impact; ensuring a level playing field for EU exports;

Or. en

Amendment 77 Engin Eroglu

Draft opinion Paragraph 5

Draft opinion Amendment

AM\1217687EN.docx 39/56 PE660.214v01-00 EN 5. Requests that the implementation of 5. Requests that the implementation of the CBAM should lead to the progressive the CBAM should lead to the progressive phasing out of the free allocation of phasing out of the free allocation of allowances, following an appropriate allowances, since the mechanism ensures transition period, since the mechanism that EU producers and importers would ensures that EU producers and importers have to deal with the same carbon costs in would have to deal with the same carbon the EU market; notes that this phasing out costs in the EU market; notes that this should be coupled in parallel with the phasing out should be coupled in parallel introduction of export rebates in order to with the introduction of export rebates in maintain strong decarbonisation incentives, order to maintain strong decarbonisation while ensuring a level playing field for EU incentives, while ensuring a level playing exports; field for EU exports;

Or. de

Amendment 78 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 5 a (new)

Draft opinion Amendment

5 a. Stresses that any CBAM implemented on raw materials, semi- finished products and commodities would negatively impact European industry competitiveness; urges that CBAM shall not be implemented on all raw materials, semi-finished products or commodities impossible to produce in Europe and for which there is no made-in-EU alternative solution;

Or. en

Amendment 79 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 6

Draft opinion Amendment

6. Stresses that importers from third 6. Stresses that European consumers

PE660.214v01-00 40/56 AM\1217687EN.docx EN countries should not pay twice for the should not pay for the Green Deal; carbon content embodied in its products;

Or. en

Amendment 80 Luděk Niedermayer

Draft opinion Paragraph 6

Draft opinion Amendment

6. Stresses that importers from third 6. Stresses that importers from third countries should not pay twice for the countries should not pay twice for the carbon content embodied in its products; carbon content embodied in its products; asks European Commission to carry out risk assessment and propose ways to mitigate it.

Or. en

Amendment 81 Sirpa Pietikäinen

Draft opinion Paragraph 6

Draft opinion Amendment

6. Stresses that importers from third 6. Stresses that importers from third countries should not pay twice for the countries should be treated on equal carbon content embodied in its products; footing and without any discrimination and should not pay twice for the carbon content embodied in its products;

Or. en

Amendment 82 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 6

AM\1217687EN.docx 41/56 PE660.214v01-00 EN Draft opinion Amendment

6. Stresses that importers from third 6. Stresses that importers from third countries should not pay twice for the countries are prevented from being double carbon content embodied in its products; charged for the carbon content embodied in its products;

Or. en

Amendment 83 Gunnar Beck, Sylvia Limmer

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Rejects the inclusion of CBAM revenues into the EU budget; revenues into the EU budget, as the EU should be financed from membership fees alone and never obtain the right to raise taxes on its own; recalls that, according to Article 113 and 115 TFEU, all new own resources require the unanimity of Member States and ratification by national parliaments;

Or. en

Amendment 84 Jessica Stegrud

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for CBAM revenues to be revenues into the EU budget; distributed among Member States; emphasises that it should always be Member States who decide about the size of the EU budget;

Or. en

PE660.214v01-00 42/56 AM\1217687EN.docx EN Amendment 85 Christophe Hansen, Isabel Benjumea Benjumea, Sven Simon, Jessica Polfjärd, Esther de Lange, Danuta Maria Hübner

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Considers that the CBAM being revenues into the EU budget; an environmental measure, the revenues could be used to co-finance projects that foster technological and energetic transition as well as research on low- carbon projects and further projects in line with the Union`s environmental ambitions;

Or. en

Amendment 86 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Supports the Commission’s revenues into the EU budget; intention to include CBAM revenues into the EU budget, acknowledges that additional revenues would be generated by both the CBAM and the removing of EU ETS free allowances, therefore also requests that those supplementary revenues would become new own resources, believes these revenues should be aimed at supporting the environmental and sustainable objectives of the EU;

Or. en

Amendment 87 Damien Carême on behalf of the Verts/ALE Group

AM\1217687EN.docx 43/56 PE660.214v01-00 EN Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget; considers that these resources must be used for climate action both within and outside the EU; recommends that these resources could partly feed into the EU's contribution to the adaptation fund for developing countries created by the Paris Agreement in order to support the environmental transition in developing countries; underlines that such revenues should not be considered as permanent revenues because, if successful, the CBAM will not generate revenues anymore over time, as other countries will also price their carbon emissions in an equivalent way;

Or. en

Amendment 88 Manon Aubry

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget; is convinced that these resources must be used for social and climate measures, including for supporting third countries in their efforts to decarbonize their economies, decarbonize and build a greener European industry, mitigate and adapt to climate change and to support low-income households and compensate any rise in price on imported goods as a result of the implementation of the mechanism;

Or. en

PE660.214v01-00 44/56 AM\1217687EN.docx EN Amendment 89 Joachim Schuster

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget and earmarked as for fighting climate change actions of the EU; calls for the resources generated by the CBAM to be re-invested in the development of carbon neutral technologies and in the build-up of an independent agency responsible for the definition of carbon contents as well as market-entry prices;

Or. en

Amendment 90 Luděk Niedermayer

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget; being an environmental measure, the CBAM revenues could be used to co-finance projects that foster technological and energetic transition as well as research on low-carbon projects and further projects in line with the Union`s environmental ambitions;

Or. en

Amendment 91 Agnès Evren

AM\1217687EN.docx 45/56 PE660.214v01-00 EN Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget; considers that these should be allocated to research and innovation as a priority;

Or. fr

Amendment 92 Eero Heinäluoma

Draft opinion Paragraph 7

Draft opinion Amendment

7. Calls for the inclusion of CBAM 7. Calls for the inclusion of CBAM revenues into the EU budget; revenues into the EU budget; believes that such revenues should only fund climate related objectives;

Or. en

Amendment 93 Bogdan Rzońca

Draft opinion Paragraph 7 a (new)

Draft opinion Amendment

7 a. Stresses that introduction of measures utilising indirect tax policy have to be taken with due regard to the economic and social impact and the specifics of national economies of Member States and, foresee appropriate transitional period, to ensure a smooth transition and avoid economic shocks;

Or. en

PE660.214v01-00 46/56 AM\1217687EN.docx EN Amendment 94 Paul Tang, Joachim Schuster, Niels Fuglsang

Draft opinion Paragraph 7 a (new)

Draft opinion Amendment

7 a. Calls on the Commission to assess carefully the impact of CBAM different options on Least Developed Countries and Small Island Developing States, which are most vulnerable to climate change;

Or. en

Amendment 95 Paul Tang, Niels Fuglsang

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is deleted compatible with World Trade Organization rules, since it does not discriminate between producers, is based on objective criteria and has a clear environmental objective.

Or. en

Amendment 96 Jessica Stegrud

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the above proposal compatible with World Trade Organization must be negotiated with the WTO in order rules, since it does not discriminate to evaluate its compatibility with World between producers, is based on objective Trade Organization rules, in order to

AM\1217687EN.docx 47/56 PE660.214v01-00 EN criteria and has a clear environmental ensure that it does not discriminate objective. between producers, is based on objective criteria and has a clear environmental objective.

Or. en

Amendment 97 Eero Heinäluoma

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the mechanism compatible with World Trade Organization should be designed in a way that does not rules, since it does not discriminate impact international trade negatively between producers, is based on objective and is compatible with World Trade criteria and has a clear environmental Organization rules, not objective. discriminating between producers, based on objective criteria and has a clear environmental objective.

Or. en

Amendment 98 Sirpa Pietikäinen

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Is of the opinion that CBAM compatible with World Trade Organization mechanism is fully compatible with World rules, since it does not discriminate Trade Organization rules, it does not between producers, is based on objective discriminate between producers or the criteria and has a clear environmental country of the origin, and it is based on objective. sound and urgent environmental objective that is based on transparent and science- based objective criteria; in addition, calls on the Commission to pursue multilateral WTO reforms that bring international trade law in line with the goals of the Paris Agreement;

PE660.214v01-00 48/56 AM\1217687EN.docx EN Or. en

Amendment 99 Joachim Schuster

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the above proposal is compatible with World Trade Organization compatible with World Trade Organization rules, since it does not discriminate rules, since it does not discriminate between producers, is based on objective between producers, is based on objective criteria and has a clear environmental criteria and has a clear environmental objective. objective; expects the Commission to take urgent initiative for WTO reform in order to achieve full compatibility with the climate objectives of the Paris agreement;

Or. en

Amendment 100 Manon Aubry

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Recalls the environmental compatible with World Trade Organization exemption provisions under the Article 20 rules, since it does not discriminate of the GATT agreement; believes that the between producers, is based on objective above proposal is compatible with World criteria and has a clear environmental Trade Organization rules, since it does not objective. discriminate between producers, is based on objective criteria and has a clear environmental objective.

Or. en

Amendment 101 Gunnar Beck, Sylvia Limmer

AM\1217687EN.docx 49/56 PE660.214v01-00 EN Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the above proposal is compatible with World Trade Organization compatible with World Trade Organization rules, since it does not discriminate rules, since it does not discriminate between producers, is based on objective between producers, is based on objective criteria and has a clear environmental criteria and has a clear environmental objective. objective; therefore, the design of the mechanism should be discussed and negotiated within the WTO.

Or. en

Amendment 102 Agnès Evren

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the above proposal is compatible with World Trade Organization compatible with World Trade Organization rules, since it does not discriminate rules and the EU's international between producers, is based on objective obligations, since it treats imports and criteria and has a clear environmental national production in the same way, is objective. based on objective criteria and has a clear environmental objective.

Or. fr

Amendment 103 Damien Carême on behalf of the Verts/ALE Group

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that a CBAM is compatible with World Trade Organization compatible with World Trade Organization rules, since it does not discriminate rules, as long as it does not discriminate

PE660.214v01-00 50/56 AM\1217687EN.docx EN between producers, is based on objective between producers, is based on objective criteria and has a clear environmental criteria and fulfils its primary objective of objective. protecting the environment and health;

Or. en

Amendment 104 Luděk Niedermayer

Draft opinion Paragraph 8

Draft opinion Amendment

8. Believes that the above proposal is 8. Believes that the above proposal compatible with World Trade Organization should be compatible with the World rules, since it does not discriminate Trade Organization rules, should not between producers, is based on objective discriminate between producers, and be criteria and has a clear environmental based on objective criteria and have a clear objective. environmental objective.

Or. en

Amendment 105 Jessica Stegrud