55 Taiwan Sporting Goods Manufacturers Association ing systems, and global trade tariffs on carbon border adjuments will likely impact our manufacturing and trade industries, primarily small and medium-sized enterprises (SMEs). However, the impact on the industry should not solely focus on levied carbon taxation itself but instead on the transparency requirements for carbon-intensive product trade globally within extended carbon management. From a global economic and trade perspective, the EU’s CBAM differs from the more commonly known global trade tariff systems, which rely on commodity classification with a declared price as the basis for import levies. The CBAM covers imported products from energy-intensive industries, including cross-border electricity, steel, aluminum, cement, fertilizers, and hydrogen. The CBAM certificate pricing links to emission allowances (EU Allowance, EUA) within the EU ETS. It further binds specifically authorized importers (or customs representatives) as declarants of embedded carbon emissions for CBAM-regulated products, obligates European importers to pay costs of ”carbon adjustments,” and subjects to penalties if they violate the Regulation. This initial design of the CBAM scheme is controversial and complex despite the EU’s intention to encourage the global adoption of carbon pricing instruments and its commitment to avoiding double taxation in global trade. The mechanism design regulates that EU importers may waive the CBAM certificate costs for imported products if overseas installation operators provide sufficient explicit carbon prices from https://www.freepik.com/
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