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A recent report shows that European aluminum producers are seeking to exclude themselves from the first stage of the European Union's (eu) Carbon Border Adjustment Mechanism (CBAM), claiming that the move will put the industry in competition with foreign competitors Disadvantages, it has done little to deal with climate change.

Gerd Götz, Director General of European Aluminium, said: “Considering the many outstanding issues and the significant negative impact of the current CBAM approach, aluminum should not be included in the pilot phase.”

Mytilineos, a green industry group, said that the carbon boundary adjustment mechanism will encourage resource shuffling in China and Russia, which means that aluminum producers in the two countries will redirect their low-carbon production to Europe to avoid any CBAM taxation and reduce taxation to the world. Selling in other areas is environmentally friendly.

Rusal giant Rusal (Rusal) has announced plans to spin off its assets into a low-carbon aluminum company for the European market and a new entity focused on the Russian domestic market.

Aluminum is a light-weight non-ferrous metal that has everything from beer cans to electric cars. Since smelting this metal requires a lot of electricity, it is often referred to as solid electricity.

Smelters in neighboring countries such as Europe and Norway currently have to pay carbon costs, which is already reflected in their electricity prices. The consulting firm CRC estimates that 75% of indirect emissions from European aluminum smelters are compensated by government assistance. If the current carbon compensation mechanism is cancelled, the smelters will face higher production costs because the current price of carbon dioxide in Europe is £50 per ton. Therefore, compared with competitors in other parts of the world, these smelters will be at a competitive disadvantage.

"The intention to reduce emissions is good, but the devil is in the details," said Jean-Marc Germain, CEO of the University of Constantine. Eivind kemsuk, executive vice president of Hydro Aluminium Metal of Norsk Hydro, said: “There are also some very important details that may give substance to the goals sought. The adverse effects of sex."

"We must remember that due to the financial crisis and unfavorable market conditions, the industry has shrunk significantly since 2008," he said. "This puts the entire industry at a more disadvantaged position and increases the risk of carbon leakage."