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EU should temporarily exempt UK from carbon border adjustment mechanism, firms say

( October 15, 2025, 10:15 GMT | Official Statement) -- MLex Summary: The European Commission should temporarily exempt the UK from the EU’s Carbon Border Adjustment Mechanism, or CBAM, while negotiations on linking the EU-UK emissions trading systems are ongoing, a group of 13 energy industry companies — including EDF, Engie, Ørsted and Vattenfall — have said. In a letter to the commission last week and published on Wednesday, the group said it was concerned the design of the CBAM would create negative consequences for renewable electricity trading between the EU and the UK, adding unnecessary costs and risks to wholesale electricity prices in Northwest Europe by overestimating emissions of electricity imports from the UK. The companies also said they were equally concerned the forthcoming UK CBAM could add administrative costs to energy-intensive EU exports.Full letter follows:...

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