Perspective
Manufacturing & Critical Minerals
The Atlantic Bridge: Beyond the US Dependency.
Canada's hydro-powered industry carries one of the world's lowest carbon footprints. The EU, where this is now worth nearly €1,000 per tonne under CBAM, receives 3% of its aluminum exports. The US, where it is worth nothing, receives 90%.
Practice
Manufacturing & Supply
Your carbon intensity is now your price.
CBAM entered its definitive phase on January 1, 2026. For every tonne of steel, aluminium, cement, or fertilizer exported to the EU, your embedded carbon now determines your import cost. The manufacturer who cannot document its emissions is priced at the worst 10 percent of EU producers. The one who can is priced at its actual footprint. That gap is now your competitive position.
Perspective
Energy & Industry
The Energy-Resilient Operation.
The electrification strategy increases energy performance and deepens grid dependency. These are not separate risks. They are the same risk, compounding.
Perspective
CBAM & Manufacturing
CBAM: Decarbonize Now. You’re Already Paying.
The EU Carbon Border Adjustment Mechanism is no longer a future scenario. Full implementation is in force in 2026.
The manufacturers whose supply chains cross the EU border with unpriced carbon embedded in their inputs are accumulating a cost liability that is now due.