Digesting the EC’s border tax proposal

The European Union’s proposed carbon border tax on imports of energy-intensive goods could push up prices of steel, aluminum and raw materials, which could add costs to the supply chain for solar PV installations. In the longer run, however, the border tax could also offer solar PV manufacturers new opportunities to source materials with a lower carbon footprint.

Issue 08-2021

The A-Motion tracker system uses ArcelorMittal steel. The European Union’s proposed Carbon Border Adjustment Mechanism would impose a tax on imports of steel and other carbon-intensive products from outside the trade bloc.

Image: ArcelorMittal

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