Andrei Marcu: “CBAM levels the playing field for carbon costs”
Can the EU make carbon pricing fair across global markets and thus prevent ‘climate dumping’? We speak with the founder of the European Roundtable on Climate Change and Sustainable Transition.
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Can carbon pricing be made fair across global markets? And how will this affect developing countries, trade relationships, and the EU’s own industrial base? As climate policy becomes a defining force in global trade, the European Union’s Carbon Border Adjustment Mechanism (CBAM) has sparked debate across industries and borders.
In this episode of Do Better podcast, we meet Andrei Marcu, founder and executive director of the European Roundtable on Climate Change and Sustainable Transition (ERCST). Marcu breaks down the logic behind CBAM, its implications for EU competitiveness, and the challenges it poses for international cooperation. This conversation is part of a series of initiatives by the Observatory EsadeGeo-Fundación Repsol on the Geopolitics of Energy Transition.
Hosted by Omar Rachedi, Senior Fellow at EsadeGeo and Associate Professor in the Department of Economics, Finance and Accounting at Esade.