Which CO2 emission factors ought to be utilised?
The law is quite clear in some respects, but it leaves some other issues a bit fuzzy and difficult to understand. If anyone has clear ideas and a precise answer, without a doubt, I would like to meet them. Thanks for the help. I’m thrilled to connect with others with like-minded interests.
1 Answer
Default values for imported electricity are established for a third country, a group of third countries, or a region within a third country, utilising the finest data accessible to the Commission. For the transitional phase, the default values are CO2 emission factors per country, derived from data by the International Energy Agency (IEA) spanning an average of five years. These are made available by the Commission in the CBAM Transitional Registry.
In the absence of a specific default value, the CO2 emission factor within the EU should be applied. This too is based on IEA data and is accessible through the CBAM Transitional Registry.
If a reporting declarant provides adequate evidence from official and public sources proving that the applicable CO2 emission factor is lower than those specified above, the reporting declarant is permitted to calculate the CO2 emission factor using the methodology outlined in the Implementing Regulation.