Close Menu

    A Tale of Two Markets , Why Small Caps Lag in an AI World

    24/03/2026

    AVGO Stock Surges on AI Demand — Is Broadcom the Quiet Giant of the Boom?

    24/03/2026

    VIX Stock Jumps — Is Market Fear Quietly Returning?

    24/03/2026

    SoFi Stock Rebounds — Can the Fintech Challenger Regain Momentum?

    24/03/2026

    QQQ Stock Climbs as Tech Giants Push Nasdaq Momentum Higher

    24/03/2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter)
    Travel News
    • Home
    • About Us
    • Contact Us
    Facebook X (Twitter) RSS
    SUBSCRIBE
    • Travel
      • Air Travel
      • Flights, Airlines & Airports
      • Travel Agents
      • Tour Operators
    • Holidays
      • Hotels
      • Holiday Destinations & Resorts
      • Cruises
      • Tourism
    • City Breaks
    • Winter Breaks
    • Lifestyle
    • Submit story
    Travel News
    Home » TURKCIMENTO Presses EU to Act on CBAM Data Recognition as Carbon Cost Gap Widens
    Business

    TURKCIMENTO Presses EU to Act on CBAM Data Recognition as Carbon Cost Gap Widens

    News TeamBy News Team24/03/2026No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    The Turkish Cement Manufacturers’ Association (TURKCIMENTO) has issued a statement on the EU’s Carbon Border Adjustment Mechanism (CBAM), following the European Commission’s publication of omnibus legislative amendments on 17 October 2025 and the entry into force of implementing regulations in December 2025.

    The statement sets out a specific and measurable problem. Turkish cement producers operate national monitoring, reporting, and verification (MRV) systems that follow EU methodology and generate verified, plant-level emissions data. CBAM does not currently accept this data and instead applies default emission values that sit well above what Turkish producers actually record. TURKCIMENTO warns that this leaves the mechanism open to operating as a non-tariff trade barrier against Turkish cement.

    “Priority of the Turkish cement sector is the meticulous preparation and verification of emission reports within the scope of CBAM. However, any problems in the verification process of actual values would turn the gap between actual and default values into a serious financial burden,” said Volkan Bozay, CEO of TURKCIMENTO.

    “When this difference is calculated based on current EU Emissions Trading System (ETS) prices, it increases the carbon cost per ton of clinker from approximately €20 to €80. The resulting amount even exceeds the average unit price of products exported to the EU, directly threatening the economic sustainability of exports.”

    CBAM could affect EU consumers

    “The Turkish cement sector has been operating within a monitoring, reporting, and verification (MRV) system aligned with the EU since 2015. Low-emission dry-process kilns are used at all our facilities, and our actual emission performance is well below the default values. As no country-specific default value has been defined for Türkiye, the application of the highest emission coefficients under the ‘other countries’ category places our sector at an unfair disadvantage,” Bozay explained.

    Read Also  The Feedback Loop With No Brake , How Algorithmic Trading and AI Doom Scenarios Fed a Flash Crash

    “The actual data declared by our members exporting to the EU during the CBAM transition period in Türkiye show that emissions for grey cement clinker are at the level of 0.88 tCO₂/ton. In contrast, the default value used for Türkiye under EU legislation is 1.551 tCO₂/ton. This difference leads to additional costs that do not reflect actual emission performance.”

    “In its current form, CBAM could increase costs that will ultimately be reflected in final product prices, affecting EU consumers as well. Activating verification capacity on time and revising default values realistically is therefore critical. Otherwise, the mechanism may risk conflicting with the fundamental principles of the Customs Union,” Bozay added.

    Offsetting Indirect Emissions by Renewable Energy

    Bozay also drew attention to some technical issues that need to be clarified in practice:

    “Our sector is focused on increasing the use of renewable electricity. However, for a small-to-medium-sized cement plant to fully meet its own consumption from renewable energy, a solar power plant capacity of approximately 50–70 MW is required. Making an investment of this size within or immediately adjacent to the factory site and connecting it directly is often not technically feasible. 

    Therefore, producers have to realize their renewable energy investments at different locations. Within the scope of CBAM, there is need for clear rules that will allow these investments and the declared actual production data to be recognized in indirect emission TURKCIMENTO.”

    TURKCIMENTO Shares Proposed Solutions: “CBAM Shouldn’t Turn into a Trade Barrier”

    Volkan Bozay also shared the solutions proposed by TURKCIMENTO: 

    “To prevent CBAM from becoming a de facto trade barrier, national values based on EU-aligned MRV data should be used instead of general ‘Other Countries’ default values. Until the verification infrastructure becomes fully operational, actual emission data should be taken as the basis and disproportionate financial burdens should be avoided.

    Read Also  VG Stock Surge , Is Venture Global the Next Energy Powerhouse?

    Otherwise, as a system that fails to distinguish between low-carbon production and the most carbon-intensive production, CBAM will not effectively support low-carbon manufacturing and may instead function as a non-tariff technical barrier.

    In this regard, it is also crucial to clarify the secondary regulations and technical aspects of the EU’s internal legislation related to accreditation processes as soon as possible, including the final list of organizations accredited under CBAM, which has not yet been fully defined in practice.”

    News Team

    Related Posts

    AVGO Stock Surges on AI Demand — Is Broadcom the Quiet Giant of the Boom?

    24/03/2026

    VIX Stock Jumps — Is Market Fear Quietly Returning?

    24/03/2026

    QQQ Stock Climbs as Tech Giants Push Nasdaq Momentum Higher

    24/03/2026

    Comments are closed.

    Technology

    A Tale of Two Markets , Why Small Caps Lag in an AI World

    By News Team24/03/20260

    The market screen presents two distinct narratives on a calm afternoon. While the smaller companies…

    AVGO Stock Surges on AI Demand — Is Broadcom the Quiet Giant of the Boom?

    24/03/2026

    VIX Stock Jumps — Is Market Fear Quietly Returning?

    24/03/2026

    SoFi Stock Rebounds — Can the Fintech Challenger Regain Momentum?

    24/03/2026
    • Facebook
    • Twitter
    Categories
    • Air Travel
    • Blog
    • Business
    • City Breaks
    • Cruises
    • Energy
    • Featured
    • Finance
    • Flights, Airlines & Airports
    • Holiday Destinations & Resorts
    • Holidays
    • Hotels
    • Lifestyle
    • News
    • Press Release
    • Technology
    • Timeshares
    • Tour Operators
    • Tourism
    • Travel
    • Travel Agents
    • Weather
    • Winter Breaks
    About
    About

    Stokewood House, Warminster Road
    Bath, BA2 7GB
    Tel : 0207 0470 213
    info@travel-news.co.uk

    A Tale of Two Markets , Why Small Caps Lag in an AI World

    24/03/2026

    AVGO Stock Surges on AI Demand — Is Broadcom the Quiet Giant of the Boom?

    24/03/2026

    VIX Stock Jumps — Is Market Fear Quietly Returning?

    24/03/2026
    Pages
    • About Us
    • Contact Us
    • Privacy Policy
    Facebook X (Twitter)
    © 2026 Travel News

    Type above and press Enter to search. Press Esc to cancel.