Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Podcast
In this episode of Carbon Trading Chronicles, we explore how CBAM works in practice, with insights from Sarah Hay (Norsk Hydro) and Bjorn Bojessen (Vertis).
We take a practical deep dive into the Carbon Border Adjustment Mechanism (CBAM), moving beyond theory to explore how it works in real business environments.
Together with Sarah Hay, Climate Policy Lead at Norsk Hydro, and Bjorn Bojessen, Manager, Structured Products & Team Lead at Vertis, we unpack who is responsible for what under CBAM, how covered companies are integrating carbon costs into production strategies, and the key regulatory challenges companies face amid ongoing uncertainty.
We also explore exemptions, the treatment of carbon prices paid abroad, and what obligated entities should be preparing for next.
Hosted by Riham Wahba, Senior Analyst at Vertis, this conversation offers practical insights for companies navigating one of the most consequential developments in compliance carbon markets today.
As the 2026 review of the EU ETS approaches, policy uncertainty is resurfacing, putting the equilibrium between market discipline and political discretion under renewe.....