CorPower Ocean is proud to join leading European clean-tech and industrial innovators in supporting the Business for CBAM Coalition’s call to maintain the timely implementation of the Carbon Border Adjustment Mechanism (CBAM) and the planned phase-out of EU ETS free allowances.

“Europe must stay the course on the CBAM and the EU Emissions Trading System (EU ETS),” said a CorPower Ocean spokesperson: “Together, these frameworks are vital to preventing any weakening or delay of the EU’s carbon-pricing architecture. By ensuring carbon has a real and steadily rising cost, they drive cleaner production in Europe while safeguarding fair competition globally. These tools are essential for scaling clean industrial solutions—from ocean energy and renewable hydrogen to low-carbon cement and green steel.”

As a company advancing high-efficiency wave energy technology, CorPower Ocean depends on strong, predictable climate policy to unlock long-term investment in affordable, reliable clean power. A robust CO₂ price signal underpins the business case for Europe’s clean transition and supports the deployment of technologies that will decarbonise hard-to-abate sectors.