Carbon tax: implementation of the Carbon Border Adjustment Mechanism

The Carbon Border Adjustment Mechanism (CBAM) entered its final phase on 1 January 2026. It is being phased in gradually between 2026 and 2034, in line with the phasing out of free allowances under the EU ETS. The first quarterly price for the CBAM certificate (€75.36) was published on 7 April 2026 by the European Commission. The order transposing the European regulation on the CBAM into French law was published in the Official Journal on 30 April 2026.

Since 1 January 2026, European companies importing certain polluting products manufactured outside the EU have been required to pay compensation for the GHG emissions resulting from the production of these products: the difference between the carbon price paid in the country of production and the price of carbon allowances under the EU ETS…