Grid delays as a hidden CBAM tax: How 18 months can quietly wipe out Serbia’s export margins
In Serbia’s debate on CBAM exposure, grid infrastructure is still treated as a background constraint—important, but secondary. That framing is dangerously wrong. For CBAM-exposed exporters, grid delays function as an unlegislated carbon tax, imposed not by Brussels but by physics, timing, and procurement logic. Unlike formal CBAM charges, this tax does not appear on invoices. […]
