How European CBAM may affect Russian exports
RUSSIA ENERGY / FINANCE
- Report
24 Jun 2021
by Leonid Grigoriev and Marcel Salikhov
We made estimates based on the leaked CBAM regulation on Russia's exports to the EU. We estimate that in 2026 imports worth more than $55 billion could be regulated under CBAM. Annual payments using the indicative values of the carbon intensity set by the EC and the price of GHG emissions at $53/t will be $ 4.8 billion. It is s equivalent to a customs duty of 9% on average for the considered products.
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