Will the EU water down its new carbon tariff?
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At the start of this year, the European Union officially launched the world’s first tariff on the carbon footprints of imports. It’s already looking to carve out a loophole. The EU’s carbon border adjustment mechanism, or CBAM, requires importers to pay a fee based on the carbon dioxide emissions of the goods they…
At the start of this year, the European Union officially launched the world’s first tariff on the carbon footprints of imports. It’s already looking to carve out a loophole. The EU’s carbon border adjustment mechanism, or CBAM, requires importers to pay a fee based on the carbon dioxide emissions of the goods they…
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