Referenced documents:
IA on Free allocation_0.pdf
Annex to IA Free Allocation_0.pdf
IA price of CBAM certificates_0.pdf
Annex to IA on verification_0.pdf
What these documents do
The Impact Assessments explain the policy logic behind adjusting CBAM obligations to reflect EU ETS free allocation.
They describe benchmark alignment, price impacts, and fairness considerations.
The annexes support the reasoning but do not themselves establish binding formulas.