EU Carbon Border Adjustment Mechanism Proposal and Its Relationship to the European Emission Trading Scheme By Dr. Martin Hamer, Edoardo Gambaro & Martino Basilisco on November 12, 2021 Email this postTweet this postLike this postShare this post on LinkedIn The Carbon Border Adjustment Mechanism (CBAM) is a carbon-pricing system for imports into the European Union. The relationship between the CBAM and the European Emission Trading Scheme (ETS) would be complex. Click here to read the full GT Alert.