CBAM uncertainty hits commodity trading

In recent months, the European Commission has published what it describes as “simplified rules” of the carbon border adjustment mechanism (CBAM), but is the policy still unclear and too complicated for energy and metals traders?

In this episode, Richard talks to experts about the CBAM, and why some commodity trading firms  are holding off - despite the official January 2026 start date. Could some be at risk of ceasing trading temporarily?

Host: Richard Sverrisson - Editor-in-Chief, Montel News
Contributor: Gabriel Power - UK Power Reporter, Montel News

Guests:
Dan Maleski - Senior Environmental Markets Advisor, Redshaw Advisors
Nick Ogilvie - Product Manager, Carbon Chain

Editors: Bled Maliqi
Producer: Sarah Knowles