Instruments
5 pieces
- CBAMRunningWhether an importer has to report under CBAM at all, and what the certificates cost if they do.
- Embedded emissionsHow much carbon is inside a product by the time it is finished, traced back through everything that went into it.
- PathwayA reduction target, and the total carbon it still lets you emit on the way there, which is the part a target leaves out.
- ProvenanceAn emission factor that carries where it came from, and keeps carrying it through every calculation it enters.
- AnalystA valuation that shows how much of its answer rests on a guess about the far future, and a market sized from two directions at once.
Arrow keys run an instrument in the panel beside the list, and Enter opens the running one on its own page.
CBAM
live in this panelWhat CBAM will cost you, and what you still do not know
Enter what you import: this prices the certificates from your own figures and names the ones you are still missing.
01 Year and carbon price
Indicative, so replace it with the figure your treasury uses. 74.04 EUR, monthly average for May 2026, read on 2026-08-21
Chargeable share for this year: 2.5 % · free allocation still standing: 97.5 %
02 Imported line items
This does not classify goods, so confirm each CN code against Annex I of the Regulation and the current TARIC entry yourself.
03 De minimis threshold
195 t
countable net mass against a threshold of 50 t
Over the threshold: every CBAM obligation then applies to the whole calendar year, the first 50 tonnes included.
04 Embedded emissions and data gaps
249.7 t CO2e
from the lines that carry a supplier figure
- 1. Calcined clay
- 3. Cement
These lines carry no specific embedded emissions figure, so nothing is computed for them: a default would produce a total assembled out of guesses.
- 2. Unwrought aluminium
05 Indicative certificate cost
455.68 EUR
- Chargeable emissions
- At the price entered
- Less carbon price already paid at origin
This covers only the lines that carry an emissions figure, so it is not your bill while 1 line(s) are still missing one.
06 The constants this rests on
Every figure the arithmetic uses, with where it was read from and when.
- Sectors in scope from 1 January 2026
Cement, iron and steel, aluminium, fertilisers, electricity, hydrogen
- De minimis threshold
50 tonnes, cumulative net mass per importer per calendar year
- Goods outside the threshold
Electricity and hydrogen carry no de minimis relief at any volume
- Effect of crossing the threshold
All CBAM obligations apply to the whole calendar year, not only to the excess above 50 tonnes
- Chargeable share of embedded emissions
2.5 per cent in 2026 rising to 100 per cent in 2034, being 100 per cent minus the CBAM factor on free allocation
- Free allocation adjustment mechanism
Certificates are reduced by the free allocation embedded in the good, set out in a dedicated implementing act
- Sale of certificates begins
1 February 2027
- First annual declaration
30 September 2027, for imports made in 2026, and 30 September each year after
- Quarterly certificate holding
At least 50 per cent of cumulative embedded emissions, reduced from 80 per cent
- Penalty, authorised declarant
Equal to the EU ETS excess emissions penalty of EUR 100 per tonne under Article 16(3) of Directive 2003/87/EC, indexed under Article 16(4), for each certificate not surrendered. The indexed amount for a given year is not stated in this tool.
- Penalty, importing over the threshold without authorisation
Three to five times the standard penalty, reported as EUR 300 to EUR 500 per tonne, reducible where the threshold is exceeded by no more than 10 per cent
- Carbon price paid in the country of origin
Deductible. A declarant may claim a reduction in the number of certificates to reflect a carbon price effectively paid, net of any rebate or compensation, with evidence
- Basis of the certificate price
Set by the Commission from EU ETS auction prices. Quarterly average for 2026 imports, weekly average from 2027
- Indicative EU ETS allowance price offered as a starting value
EUR 74.04 per tonne CO2e, monthly average for May 2026. Editable, and not a live price
- Scope extension to downstream goods
Proposed 17 December 2025, procedure 2025/0419(COD), proposed to apply from 2028. Still a proposal at this date, without force, and excluded from the pricing here