CBAM and International Credits: What’s Just Changed? - with Dan Maleski

The European Commission just published a draft implementing act on CBAM and it quietly opens the door to international carbon credits counting toward carbon border liabilities. The rules are still being written, but the direction of travel is clear.

Co-hosts Sebastian Manhart and Eve Tamme pulled our favourite CBAM expert, Dan Maleski back in for a rapid-fire debrief the day after publication. They wanted to get the Scoop on what's actually in the act, what's still missing, and what does it mean in practice for companies, governments, and CDR?

The conversation unpacks the 10% cap on Article 6 credits, why domestic credits face no equivalent limit, and why that asymmetry should raise eyebrows. Dan also flags a real risk: with prices in voluntary carbon markets anything but standardised, the room for manipulation is not hypothetical. And with "independent persons" as the main safeguard, the jury is still out on how watertight this will be.

One thread runs through it all: CBAM is pushing trading partners toward compliance regimes that look more like the EU ETS and for CDR project developers who can align with that compliance demand, the long-term signal is significant.

The consultation closes in early June. While still unresolved, this one is worth watching closely.

Show notes:

Eve Tamme: LinkedIn and Website
Sebastian Manhart: LinkedIn and Website
Dan Maleski: LinkedIn
European Commission implementing act on using carbon credits for CBAM liability

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